Bill258 Wrote:
Feb 03, 2013 5:25 PM
The 2007 renewable fuels law requires cellulosic (grasses, wood and other nonfood plants) biofuels be mixed in gasoline each year. The amounts were 5.0 million gallons in 2010, 6.6 million in 2011 and 8.7 million in 2012. However, no cellulosic biofuel was commercially produced in the U.S. in 2010, 2011 or 2012. There were 0.02 million gallons imported from Brazil in 2012. Because the 2012 mandate was not met, oil companies had to pay the EPA $8 million. Ignoring reality, the EPA increased the requirement for 2013 to 14.0 million gallons. newsandopinions dot net