EPA Finalizes 2011 Renewable Fuel Standards
WASHINGTON - The U.S. Environmental Protection Agency (EPA) finalized the 2011 percentage standards for the four categories of fuel under the agency’s renewable fuel standard program, known as RFS2
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
In 2007, about 58% of the petroleum consumed in the U.S. was imported from foreign countries--primarily Canada, Saudia Arabia, Venezuela, Mexico and Nigeria. (Source: EIA)
Public policies such as appliance and vehicle efficiency standards and building codes are responsible for at least 20% of the improvement in the US's energy intensity--energy use per unit of GDP. (Source: Institute for 21st Century Energy)
