Biofuels incentives : a summary of federal programs

Details

• Creators:
  Yacobucci, Brent D.
• Corporate Creators:
  Library of Congress. Congressional Research Service
• Subject/TRT Terms:
  Biomass Energy Biomass Fuels Federal Aid To Transportation Federal Assistance Programs Incentives
• Publication/ Report Number:
  RL33572
• Resource Type:
  Research Paper
• Edition:
  Updated
• Corporate Publisher:
  Library of Congress. Congressional Research Service
• Abstract:
  With recent high energy prices and the passage of major energy legislation in
  
  2005 (P.L. 109-58), there is ongoing congressional interest in promoting alternatives
  
  to petroleum fuels. Biofuels — transportation fuels produced from plants and other
  
  organic materials — are of particular interest.
  
  Ethanol and biodiesel, the two most widely used biofuels, receive significant
  
  government support under this law in the form of mandated fuel use, tax incentives,
  
  loan and grant programs, and certain regulatory requirements. The 17 programs and
  
  provisions listed in this report have been established over the past 27 years, and are
  
  administered by five separate agencies and departments: Environmental Protection
  
  Agency, U.S. Department of Agriculture, Department of Energy, Internal Revenue
  
  Service, and Customs and Border Protection. These programs target a variety of
  
  beneficiaries, including farmers and rural small businesses, biofuel producers,
  
  petroleum suppliers, and fuel marketers. Arguably, the most significant federal
  
  programs for biofuels have been tax credits for the production or sale of ethanol and
  
  biodiesel. However, with the establishment of the renewable fuels standard (RFS)
  
  under P.L. 109-58, Congress has mandated biofuels use. In the long term, this
  
  mandate may prove even more significant than tax incentives in promoting the use
  
  of these fuels.
  
  This report outlines federal programs that provide direct or indirect incentives
  
  for biofuels. For each program described, the report provides details including
  
  administering agency, authorizing statute(s), annual funding, and expiration date.
  
  The Appendix provides summary information in a table format.
  
  
• Format:
  PDF
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:bc82eb07d0bffee6d8cca9bb288e8fa355d2fa5f7e916ed4f759a2564821b3ba
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/16499/dot_16499_DS1.pdf
• File Type:
  [PDF - 99.59 KB ]