Biofuels Nearly 40 Percent Cleaner than EPA Predicted – Study
A new study finds that greenhouse gas reductions from the use of biofuels has exceeded what the U.S. EPA has predicted by 37 percent. Recent research conducted by the consulting group Life Cycle Associates, and commissioned by the Renewable Fuels Association, found that since the RFS was expanded in 2007, biofuels use in the United States has avoided 579 million metric tons of additional carbon dioxide (CO2) emissions, compared to the EPA’s assumption of 422 million metric tons of CO2. At the same time, the researchers found that oil extraction and refining has gotten dirtier since the RFS was implemented, by 4 percent.
EESI is a supporting organization for Storage Week, which will be held February 25-27 in San Francisco, CA. Join senior executives and active financiers at the forefront of behind-the-meter and grid-connected storage system deployment and explore the road to bankable projects during this event, now in its twelfth year. Take a deep dive into the structure of standalone and co-located storage projects, and assess the opportunities that will emerge via state targets, new rules in organized markets, and the needs of new customer classes.
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