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RFS2 requirement for 2011 announced

The Environmental Protection Agency says the Renewable Fuels Standard (RFS2) requirement for 2011 will remain at 13.95 billion gallons. Of that amount, 12.6 billion gallons will be from starch-based ethanol and 1.35 billion gallons will be from biodiesel and other advanced biofuels including 6.6 million gallons from cellulosic biofuels. That is lower than the original cellulosic target in the RFS2. RFA President and CEO Bob Dinneen says that is a good move “accurately reflecting the difficulties cellulosic biofuel technologies have encountered in obtaining the capital needed to fully commercialize.” However, he cautioned EPA must keep the cellulosic targets ambitious to stimulate advancement of the technology.