The 2007 Energy Bill increases the required level of renewable fuels in the United States’ transportation energy supply. The target levels for 2008 are increased from 5.4 to 7.5 billion gallons; the levels for 2022 are quadrupled from 9 billion to 36 billion. Beginning in 2016, the plan requires that biofuels comprise the entire increase in renewable fuels.
The Obama Plan will require 10% of the nation’s electricity to be supplied by renewable sources of energy by 2012 and 25% to be supplied by renewable sources by 2025. The Plan will retain a federal tax credit for the production of renewable sources in order to meet the requirement.
The Plan outlines strong investment in solar, wind and biofuel technology, but does not set specific standards for renewable fuels as a percentage of total energy or electricity production. Instead, it promotes investment in the development of these fuels through extending and expanding tax incentives for investment in these technologies.
The California Plan mandates that one-third of all electricity production come from renewable fuels by 2020.
The EU Plan requires the expansion of renewable fuel production to 20% of total energy production. It specifically stresses the use of wind, solar, biomass and hydrogen fuels.