Bill > SRes364

This resolution recognizes the 20th anniversary of the Renewable Fuel Standard (RFS), a key national policy first established in 2005 and expanded in 2007 to increase domestic renewable energy production. The RFS sets annual volumetric targets for different types of renewable fuels, including biodiesel and cellulosic fuels, which have driven significant private sector innovation and investment. Over the past two decades, the RFS has contributed to the development of over 275 renewable fuel facilities across 36 states, producing more than 25 billion gallons of fuel annually, and supporting nearly 644,000 domestic jobs while contributing $210 billion to the U.S. gross domestic product. The resolution highlights the RFS's critical role in supporting rural economies, reducing greenhouse gas emissions, enhancing energy security by decreasing reliance on imported fuels, and providing economic benefits to farmers. Additionally, the RFS has enabled the ethanol industry to supply over 98% of gasoline nationwide with at least 10% ethanol and has helped reduce fuel prices for consumers. The resolution affirms the continued importance of the RFS in advancing the United States' energy, economic, and environmental goals, and supports its ongoing implementation to diversify the fuel supply with domestic renewable alternatives.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/senate-resolution/364/all-info