Electrogravitics Systems Volume 1
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Biofuel Use in the U.S.
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Biofuel Use in the U.S.
Impact & Challenges
Sale price
£106.49
Regular price
£141.99
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Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This book examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economy-wide benefits. However, the actual level of benefits to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022.
- ISBN-13
- 9781621004417
- Publisher
- Nova Science Publishers Inc
- Publication date
- 15 May 2012
- Format
- Hardback
- Dimensions
- 155 x 230 mm
- Language
- English
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