Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Wednesday, December 31, 2008

Biofuel Economics: Future of renewable energy is secure

FarmForum.net The Green Sheet
By Cole Gustafson, Biofuels Economist, North Dakota State University Extension
Published on Friday, December 26, 2008

On Dec. 11, the California Air Resources Board passed sweeping new legislation that secures the future of renewable energy. As part of the scoping plan that implements the goals established in their 2006 Global Warming Solutions Act, new key provisions include:
- 33 percent of all energy must come from renewable sources by 2020.
- New homes built after 2020 must be energy self-sufficent.
- Greenhouse gas emissions must be reduced to 1990 levels.

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