U.S. Biofuel Output to Miss Mandates

Moresco, Justin
December 2008
Red Herring;12/22/2008, p3
Trade Publication
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.


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