Factsheet: Cellulosic Biofuels Incentives

Cellulosic Biofuels Incentives

Key Information
Full name of Instrument & Measure (English): 
Auction system for production incentives for cellulosic biofuels
Description: 
the standards, policies, and procedures that the Department of Energy uses for receiving, evaluating, and awarding bids in reverse auctions of production incentive payments for cellulosic biofuels under section 942 of the Energy Policy Act of 2005
Goal/Aim: 
Stimulate advanced biofuels
Responsible Authority: 
US Department of Energy (DOE)

Status:

Trade Relevance: 
Could increase domestic demand of biomass for cellulosic biofuels => availability for export
Year Instrument & Measure Started: 
2009