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Ex Post Costs and Renewable Identification Number (RIN) Prices under the Renewable Fuel Standard

The US Renewable Fuel Standard was expanded to increase US biofuels consumption to 36 billion gallons per year by 2022, displacing about 25 percent of current fuel demand. This paper examines the US Environmental Protection Agency’s assessment of the benefits and costs of the program and recommends a simplified analytical approach.

Working Paper by Gabriel Lade, C.-Y. Cynthia Lin, and Aaron Smith — June 19, 2015

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Authors

Gabriel Lade

C.-Y. Cynthia Lin

Aaron Smith