2008 renewable fuels standard
issued by EPA
The United States Environmental Protection Agency
(EPA) is setting a new renewable fuels standard (RFS) of 4.66 percent to
meet the 2005 Energy Policy Act’s mandate that at least 5.4 billion
gallons of renewable fuels be blended into transportation gasoline in 2008.
Based on the standard, each party determines the minimum
volume of renewable fuel that it must ensure is used in its motor vehicle
fuel. The standard for 2007 was 4.02 percent, equating to roughly 4.7 billion
gallons. The overall volume target increases every year, reaching 7.5 billion
gallons in 2012.
For additional information on the RFS Notice of 2008 Requirement,
visit www.epa.gov/otaq/renewablefuels. |
