The National Research Council has released a report that evaluates the economic and environmental consequences of increasing bio-fuels production as a result of the Renewable Fuels Standard, as amended by the Energy Independence and Security Act (RFS2).
The report describes bio-fuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of bio-fuels production and the barriers to achieving the RFS2 consumption mandate.
