Renewable Fuels Standard (RFS)

The Renewable Fuels Standard (RFS) is a U.S. government policy that requires a certain volume of renewable fuels, like ethanol and biodiesel, to be blended into the country's transportation fuel each year. Its goal is to reduce reliance on fossil fuels, support clean energy, and lower greenhouse gas emissions. The Environmental Protection Agency (EPA) sets annual targets, encouraging the development and use of sustainable biofuels. Essentially, RFS creates a market demand for renewable fuels, promoting environmentally friendly energy sources and supporting rural economic growth.