CARB's Low Carbon Fuel Standard, EPA rules might put the hurt on biofuels
Under a 2007 federal law (one that the EPA has yet to implement) biodiesel might not fare well, either. As we know, "The Biodiesel Industry Is Struggling And Needs Your Help!", and the law's requirement that soy biodiesel needs to reduce greenhouse gasses by 50 percent (compared to compared to conventional diesel) might no longer be feasible. The reason, again, is a broader look at the impacts of biofuel production, and new EPA calculations that take into account the damage done overseas, where some of the biodiesel feedstock is produced. More details here.
[Source: Dow Jones / New York Times]
Photo by Nelson D. Licensed under Creative Commons license 2.0.
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