The National Academy of Sciences (NAS) recently released a new report on the feasibility of meeting the Renewable Fuel Standard (RFS) passed during the Bush administration. To no one’s surprise, the NAS found that the United States could not meet the mandated 2022 biofuels targets for cellulosic ethanol without unexpected technological breakthroughs. The Energy Information Administration (EIA) has been forecasting that result since the passage of the Energy Independence and…
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