About the RFS
Embraced by both Democrats and Republicans — and signed into law by President Bush in 2005 — the Renewable Fuel Standard (also known as the RFS) has strengthened our economy and rural communities by promoting the use of homegrown energy.
By calling for the use of ethanol, biodiesel, cellulosic ethanol, bio butanol and other American-grown fuels in the nation’s transportation fuel supply, the RFS has improved America’s energy security and spurred millions of dollars of investment in conventional and advanced renewable fuels – making the U.S. the global leader in renewable fuel innovation.
But the RFS is under attack. The oil industry sees homegrown energy, which saves consumers money at the pump and cuts harmful emissions of carbon dioxide and other pollutants, as a threat to its profits.
Oil companies are spending millions to keep Americans hooked on fossil fuels. They see consumer choice as a risk to their bottom line — so they’re rigging the system against a policy that has led to real benefits for Americans.
- The RFS has helped revitalize America’s rural communities, adding some $500 billion to farm assets in the last five years.
- The RFS has helped create and protect more than 400,000 jobs in the advanced and conventional renewable fuel industries.
- U.S. renewable fuel growth has helped reduce oil imports from the Persian Gulf region by 25% since 2000.
- Using renewable fuel instead of gasoline reduces CO2 emissions by 20-50% using today’s technology.