Browse > Home / Policy, Research / Energy Information Administration says US will fall 10 percent short of 2022 biofuels goal; greenhouse gases to increase 16 percent by 2030

Energy Information Administration says US will fall 10 percent short of 2022 biofuels goal; greenhouse gases to increase 16 percent by 2030

March 5, 2008

In Washington, the Energy Information Administration projected that the US will blend only 32.5 billion gallons of ethanol by 2022, well short of the Renewable Fuel Standard target of 36 billion gallons. Guy Caruso, who heads the U.S. Energy Information Administration, told the Senate Energy Committee that the shortfall was expected in cellulosic ethanol, and would only be partly offset by an increase in imported ethanol following the expected repeal of the ethanol tariff in 2009.

Caruso said that US fuel imports would fall from 60 percent today to 51 percent in 2022 because of the impact of biofuels production. Caruso advised that he expected US output of greenhouse gases to increase 16 percent by 2030; a drop of 60-80 percent is needed by 2050 to stop global warming.

The Energy Information Administration released long-term fuel demand projections last fall that said the US will derive 83 percent of its energy needs from fossil fuels by 2030, down only 3 points from the 86 percent figure for 2006.

The EIA, which projected in its study that biofuel consumption would increase to 17 billion gallons by 2030, may have to revise its figures in the light of the passage of the Energy Bill. The Bill mandates that 36 billion gallons of biofuel fuel consumption by 2022, or more than 25 percent of total fuel use based on 2006 consumption.

  • US ethanol up 39% in February over 2007, at 7.9 billion pace for ‘08
    • U.S. ethanol output for February jumped 39% over February 2007, according to production figures released by the Energy Information Administration. Production totaled 631 million gallons for the month,...
  • US ethanol imports drop 48 percent in March; down 64 percent from March 2007
    • The Energy Information Administration said that U.S. ethanol imports dropped 48% in March to 253,000 barrels, down from 483,000 barrels in February. The figure represents a 64 percent drop from March ...
  • Energy Information Administration releases 2030 international outlook; European biodiesel association revises ‘08 forecast
    • Two key projections were released yesterday. The new International Energy Outlook to 2030 was released by the US Energy Information Administration that showed biofuel production doubling by 2030 while...
  • EIA projects US biofuel consumption at 17 billion gallons by 2030: have they gone mad?
    • The Energy Information Administration released long-term fuel demand projections that the US will derive 83 percent of its energy needs from fossil fuels, down only 3 points from the 86 percent figure...
  • Corn ethanol reduces greenhouse gases by 40 percent compared to gasoline, and can expand to 33 billion gallons by 2030, new studies find
    • The Illinois Corn Growers Association released two studies from the ProExporter Network and the University of Illinois' Chicago's Energy Resources Center, that conclude that US ethanol production has ...
  • US ethanol supplies rise 14 percent as capacity increases; falling prices may result
    • The US Energy Information Administration said that U.S. ethanol supplies increased 14 percent in November to 11,194,000 barrels, as the result of a 45 percent increase in ethanol production capacity o...

    Written by Jim Lane · Filed Under Policy, Research 

    Comments

    One Response to “Energy Information Administration says US will fall 10 percent short of 2022 biofuels goal; greenhouse gases to increase 16 percent by 2030”

    1. Greentech Media: Green Light » Blog Archive » The Morning Feedstock on March 5th, 2008 10:31 am

      [...] The Energy Information Administration predicts the U.S. will fall 3.5 billion gallons short of the 36 billion gallon Renewable Fuel Standard target set for 2022. EIA chief Guy Caruso told the Senate Energy Committee the U.S. would need to repeal the ethanol tariff and begin importing ethanol to make up for the shortfall. Dependence on foreign oil doesn’t count if it’s foreign bio-oil. Ha! After their busy day, Caruso and Johnson went out for a Coke. [...]

    Got something to say?

    You must be logged in to post a comment.