Conclusion

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These changes to the RFS will have substantial impacts on the nascent algae biofuels industry.  While portions of the rules are subject to change, the explicit inclusion of algae as a renewable biomass by definition provides a substantial boost to the industry.  The values of RINs from the various categories remain unknown and could be of substantial value to the algae biofuels industry, particularly if compliance is difficult and the RFS 2 is strictly enforced.


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