New Renewable Fuel Standard - where it will come from

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Thread: New Renewable Fuel Standard - where it will come from

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    New Renewable Fuel Standard - where it will come from

    While there has been a lot of talk about the new CAFE standard, the energy bill that President Bush just signed also increases the Renewable Fuel Standard. As you can see from the chart below, the federal government recognizes that there is not an endless supply of corn for ethanol. Within 7 years, most of the growth in ethanol production will come in the form or cellulosic ethanol. I am surprised that there will not be more growth in biodiesel.

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    Re: New Renewable Fuel Standard - where it will come from

    Does this chart indicate domestic production, or just the total amount we will be using (domestic + imports)?

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    Re: New Renewable Fuel Standard - where it will come from

    Quote Originally Posted by ronald mcretard View Post
    Does this chart indicate domestic production, or just the total amount we will be using (domestic + imports)?
    It is total. But the U.S. imports very little ethanol, so practically speaking, it will be domestic production. This is particularly true for the cellulosic ethanol portion. No country is exporting it and I can't imagine any country having as much biomass as the U.S. where they would be able to compete.

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    Re: New Renewable Fuel Standard - where it will come from

    Ethanol is not imported due to the high tarrifs that are there to protect the heavily subsidized corn ethanol production in the USA. Winning the Iowa primary is very costly for American taxpayers.

    "It raised the hourly minimum wage from $5.15 to $5.85 — less than the $7 entry wage at McDonald's — thereby increasing the wages of less than 0.5 percent of the workforce. Rebuffing George W. Bush, who advocates halting farm subsidies to those with adjusted gross incomes of more than $200,000, the Senate also rejected — more bipartisanship — a cap at $750,000. This, in spite of the fact that farm income has soared to record levels, partly because Congress shares the president's loopy enthusiasm for ethanol and wants more corn and other agricultural matter turned into fuel.

    Although Congress trembles for the future of the planet, it was unwilling to eliminate the 54-cent-a-gallon tariff on Brazilian ethanol. But our polymath Congress continued designing automobiles to make them less safe (smaller) and more expensive. It did this by mandating new fuel efficiency — a 35-mpg fleet average by 2020 — lest the automotive industry design cars people want. And Congress mandated a 12-year phaseout of incandescent light bulbs."
    http://jewishworldreview.com/cols/will122307.php3

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