Legislative Background
Recent Action on Biofuels
Until passage of the Energy Policy Act of 2005, the major Federal biofuels programs were those providing tax credits for the production or sale of ethanol and biodiesel the two most widely used biofuels. The 2005 Act established for the first time a renewable fuel standard (RFS) requiring the blending of renewable fuels into transportation fuel. It required the use of 7.5 billion gallons in 2012, increasing to 8.6 gallons in 2022. Energy Independenceand Security Act On December 19, 2007, President George W. Bush signed into law H.R. 6, the Energy Independence and Security Act (EISA). The bill set…