On Octorber 13, the U.S. Environmental Protection Agency (EPA) announced to waiver a limitation on selling fuel that contains more than 10 percent ethanol for model year 2007 and newer cars and light trucks. Although the initial impact of the ruling is likely to be minimal and it will take several more steps for federal, state and industry towards commercialization of E15 gasoline blends, no doubt, it sent out a clear massage under the current cool-down atmosphere for biofuels and renewable energy:
1. Clean and renewable is the direction of future energy supported by US government
2. The new rule creates additional demand on fuel ethanol that will open up more market
3. An incentive to create green job opportunities and drive green economy
To avoid the impact on food prices in the future, the advanced biofuel, i.e cellulosic ethanol is still the ultimate solution.
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