RTI International and Texas A&M University Study...

Biofuels Journal
Date Posted: March 2, 2010

... Says RFS2 Mandates Could Lead to $13 Billion in Additional Farm Income and Small Food Price Increases

Research Triangle Park, NC—New renewable fuel standards could lead to more than $13 billion increase in net farm income, according to a new study by researchers at RTI International and Texas A&M University.

The study (titled RFS2 Final Rule Life Cycle Analysis Supplemental Materials), funded by the U.S. Environmental Protection Agency, analyzed the economic impacts of new EPA renewable fuels standards designed to lessen the United States' dependence on foreign oil and reduce greenhouse gas emissions (referred to as RFS2).

The new standards require that, by 2022, transportation fuel sold in the United States must contain at least 36 billion gallons of renewable fuel.

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