President Bush raises Renewable Fuels Standard (RFS) 5x fold requiring a portion of the nation's energy source come from renewable resources such as ethanol and biodiesel.President Bush raises Renewable Fuels Renewable fuels are alternative fuel sources such as ethanol, biodiesel (e.g. soy, vegetable oils, animal fats, or recycled restaurant greases) or hydrogen, in contrast to non-renewable fuels such as natural gas, LPG (propane). Standard (RFS (Remote File System) A distributed file system for Unix computers introduced by AT&T in 1986 with Unix System V Release 3.0. It is similar to Sun's NFS, but only for Unix systems. ) 5x fold requiring a portion of the nation's energy source come from renewable resources Noun 1. renewable resource - any natural resource (as wood or solar energy) that can be replenished naturally with the passage of time natural resource, natural resources - resources (actual and potential) supplied by nature such as ethanol ethanol (ĕth`ənōl') or ethyl alcohol, CH3CH2OH, a colorless liquid with characteristic odor and taste; commonly called grain alcohol or simply alcohol. and biodiesel. The current RFS requires 7.5 billion gallons by 2012. Bush calls for a 35 billion gallon RFS by 2017. Stock prices of many companies with interests in the agricultural sector are setting all-time record highs with investors recognizing the key role these companies will have in producing the feedstocks necessary in creating biofuels and achieving the RFS. |
|
|||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion