CBO has assessed how much the supply of various types of renewable fuels would have to increase over the next several years to comply with the Renewable Fuel Standard (RFS), and how food and fuel prices would vary in three scenarios.

    

Terry Dinan, Senior Advisor for CBO’s Microeconomic Studies Division, testifies on the Renewable Fuel Standard before the House Committee on Science, Space, and Technology’s Subcommittee on Oversight and Subcommittee on Environment.