Ten years ago this month, just days before Christmas, President George W. Bush signed into law the Energy Independence and Security Act which greatly expanded the Renewable Fuel Standard (RFS) to include up to 36 billion gallons of biofuels by 2022.
The expansion became known as RFS2, like the sequel to a big movie that had just been released two years before. But unlike most movie sequels, the RFS2 has proven to be even better than the original and a success by any measure, according to a new analysis by the Renewable Fuels Association (RFA), “The RFS2: Then and Now.”
In this edition of The Ethanol Report podcast, we flashback to the promises of President Bush at the signing, and RFA CEO Bob Dinneen talks about how the 2007 Christmas gift has kept on giving for a decade.
Listen to it here: Ethanol Report 12-21-17