US raises ethanol fuel standard for 2009

The federal government is raising the target for the amount of ethanol used in the US petrol supply to 11.1 billion gallons.

The US Environmental Protection Agency (EPA) has set its 2009 Renewable Fuels Standard at 10.21%, equating to 11.1 billion gallons of ethanol.

The 2008 RFS was 7.76%, or an approximate 9 billion gallons.

The US Energy Independence and Security Act of 2007 formed a target of 36 billion gallons of ethanol to be used annually in transportation fuels by 2022.

According to the Federal Trade Commission there are 160 companies involved in ethanol production in the US as of September, up 57 from last Q3 year. The largest producers account for about 11% of US ethanol production compared with 16% in 2007.

About Sugar Cane Ethanol

Ethanol — particularly sugarcane ethanol — is a clean burning, high-octane biofuel. It is a renewable energy source and can be grown year after year. Pure ethanol, a grain alcohol produced from sources such as corn and sugarcane, is not typically used as a replacement for gasoline. Rather, anywhere from 10-85% ethanol can be integrated into a gasoline supply to reduce both oil consumption and fuel burning emissions that contribute to global warming. Sugarcane has become the primary fuel source for Brazil, a country that has successfully weaned itself from a dependency on foreign oil. Stratos believes that Peru is capable of growing up to twice the amount of sugarcane per hectare (ha)* than an equivalent operation in Brazil.

*A hectare (ha) is a metric unit used to measure area
1 ha = ~2.5 acres

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