1、 https:/crsreports.congress.gov March 8, 2018The Renewable Fuel Standard: Is Legislative Reform Needed?There is widespread and heightened interest in the Renewable Fuel Standard (RFS) among some Members of Congress and stakeholders. Recent developmentsincluding meetings between some Members of Congr
2、ess, the President and members of his cabinet, and industry representatives pertaining to the RFS, as well as the bankruptcy filing by Philadelphia Energy Solutions (PES) which the company attributes partly to the RFS compliance systemhave reinvigorated the RFS reform discussion. Concerns about the
3、RFS, and policy options that might address the concerns, evolve from many angles as the RFS integrates at least three sectors into a single mandateenergy, transportation, and agriculturewith an environmental component. The Renewable Fuel Standard The Renewable Fuel Standard requires that the nations
4、 transportation fuel contains a minimum volume of renewable fuel (as defined by statute at 42 U.S.C. 7545). The minimum volume increases annually, starting with 4 billion gallons in 2006 and increasing to 36 billion gallons by 2022, with the U.S. Environmental Protection Agency (EPA) determining the
