GLGi: Ethanol Legislation
Time & Location
Originally Presented: May 17, 2006 5:30 PM, Los Angeles
Presenter(s):
GLG Expert Contributor
Agenda:
- Discussion of The Energy Policy Act of 2005 establishing a Renewable Fuels Standard (RFS) that will require that oil companies use at least 4 billion gallons of ethanol in 2006, ramping up to 7.5 billion gallons by 2012
- Likelihood that Congress will revisit the RFS schedule in the near future and make it more ambitious
- Will Congress extend the tax incentives in light of the RFS?
- How will excess capacity affect long-term ethanol prices if the RFS is not increased?
- What is the long-term future of ethanol in the US?
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