Economist: New renewable fuel standard would increase net farm income by $13 billion and will lead to higher consumer food prices

March 2010
Southwest Farm Press;3/11/2010, Vol. 37 Issue 8, p5
Trade Publication
The article reports that Doctor Bruce McCarl, Texas AgriLife Research economist, predicts for an increase of more than 13 billion dollars in net farm income through new renewable fuel standards which will lead to higher consumer food prices in the U.S. by 2022. Final regulations for the national renewable fuel standard program has been released by the Environmental Protection Agency (EPA). McCarl investigated the regulations with Robert H. Beach of RTI International Metals Inc.


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