The House Science Space and Technology Committee’s Oversight and Environment subcommittees today held a hearing to review the cost and benefits of the Renewable Fuel Standard (RFS) 10 years after it was enacted.The House Science Space and Technology Committee’s Oversight and Environment subcommittees today held a hearing to review the cost and benefits of the Renewable Fuel Standard (RFS) 10 years after it was enacted. The original RFS was of course passed as part of the Energy Policy Act of 2005 and stipulated an ultimate target of 7.5 billion gallons of ethanol. The RFS II, as it is known, came from the Energy Independence and Security Act (EISA) of 2007 and called for 36 billion gallons of biofuels with no more than 15 billion gallons fr...