HKS Affiliated Authors
Professor of Public Policy, HKS; Harold Hitchings Burbank Professor of Political Economy, FAS
Excerpt
Excerpt
Reforming the Renewable Fuel Standard. James Stock, February 2018, Paper, "The Renewable Fuel Standard (RFS) was established by the Energy Policy Act of 2005 and was substantially expanded as part of the Energy Security and Independence Act (EISA) of 2007. The goals of the program, and of US biofuels policy more broadly, are threefold: to enhance energy security through additional domestic production of biofuels, to support rural economies, and to promote second-generation transportation fuels with low life cycle greenhouse gas footprints." Link