TITLE

U.S. Biofuel Output to Miss Mandates

AUTHOR(S)
Moresco, Justin
PUB. DATE
December 2008
SOURCE
Red Herring;12/22/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on a report published by ThinkEquity on cellulosic fuel production in the U.S. The investment bank expects that in 2010 the country will produce no more than 28.5 million gallons of cellulosic biofuel, or 81.5 million gallons short of the Renewable Fuel Standard (RFS) mandate. The Energy Independence and Security Act of 2007 calls for the market to use 100 million gallons of cellulosic biofuel in 2010. Analyst David Woodburn estimates that production will sharply increase by 2011.
ACCESSION #
36602813

 

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