Low-Carbon, Renewable Fuels
Internationally, climate change is becoming a priority for everyone. More than 90 countries, which represent about 80% of global emissions, have pledged to reduce their greenhouse gas emissions. More than 33 countries have national carbon trading regimes and at least 118 countries have renewable energy targets.
In the United States, the US Energy Independence and Security Act of 2007 Renewable Fuel Standards Program (RFS) was put in place to stimulate production of domestic fuels that reduce overall carbon emissions. The RFS currently requires the production of 21 billion gallons of advanced biofuel by the end of 2022.
The fuel that our plants will produce qualifies as an “Advanced Biofuel” under the RFS, meaning it meets the stringent specifications for carbon emissions reductions. Independent analysis of our fuel shows a net lifecycle reduction in CO2 emissions of more than 80 percent compared to petroleum fuels.