Getting to a Biofuels Future

Cindy Zimmerman

GEC The Governors’ Ethanol Coalition has released a new report called Ethanol from Biomass: How to Get to a Biofuels Future.

The report asks the President and members of Congress to adopt four recommendations:

1. Expand the Renewable Fuels Standard (RFS) to include a short-term target of 12 billion gallons a year of ethanol and biodiesel utilization by 2010, and longer-term British thermal unit-based targets of 15 percent of total motor fuels consumption by 2015 and 25 percent by 2025, with equal incremental steps provided for each year in between;

2. Assign a financial value to the RFS cellulosic ethanol 2.5:1 trading credit into a more practical credit.

3. Establish a timetable for delivering 85% ethanol/15% gasoline infrastructure on a regional basis within five years.

4. Provide adequate funding for the Energy Policy Act of 2005 authorized biofuel research, demonstration and incentive programs.
Read the full report here.

Biodiesel, Ethanol, Government, News