Publications: Papers

The Renewable Fuel Standard: How Markets Can Knock Down Walls (January 2014)


Most motorists don’t realize that they are the beneficiaries of a significant policy experiment that began several years ago during the Bush Administration, although they may have noticed signs at nearly all fuel pumps indicating that the gasoline contains up to 10% ethanol, called E10 by the fuel industry. The policy that helped make 10% ethanol the market norm—the Renewable Fuel Standard (RFS)—has helped moderate overall fuel prices and will continue to do so if given a chance to evolve in a way that preserves its basic structure.


This report explains how the blend wall can be overcome by letting the RFS policy work as intended through RIN price levels sufficient to attract additional investment, encourage innovative pathways and expand choices for vehicle fuels.


Please use the link below to view or download the full report.