As 2014 drew to a close, Congress passed a tax extender bill to retroactively extended four key biofuels tax provisions for a year. The extenders covered business operations for 2014 but expired at year’s end.
Now that the EPA public comment period on its most recent RFS volume proposal has closed, I thought a reminder of some of the reasons why biofuels are a key part of America’s energy future might be useful.
When describing emergent industries like cellulosic ethanol, people often use the analogy of running a marathon, because new industries take time to build.
A recent report from the IEA stressed the crucial role of emerging economies in reducing CO2 emissions, as their growing demand for energy creates a unique opportunity for them to be early movers in deploying low-carbon technologies.