Okay, kiddo, let me tell you about a thing called the Renewable Fuel Standard (RFS).
Do you know what fuel is? It’s the stuff we put in our cars and trucks to make them go. And right now, most of that fuel is made from oil, which is not renewable. That means we can’t make more of it if we run out.
But some people think we should use fuel that we can make more of, like plants. That’s called renewable fuel. The RFS is a law that says oil companies have to use a certain amount of renewable fuel in the fuel they sell.
So how does it work? Well, the law tells oil companies how much renewable fuel they have to use each year. For example, in 2020, they had to use 20.09 billion gallons of renewable fuel.
Renewable fuel can come from different things, like corn, soybeans, or even used cooking oil. When you use these things to make fuel, it’s called biofuel. So oil companies have to use a certain amount of biofuel in the fuel they sell each year.
The idea behind the RFS is to help the environment by using fuel that is better for the planet. Renewable fuel produces less greenhouse gases than oil-based fuel, which can reduce air pollution and help slow down climate change.
That’s pretty much it, kiddo! The Renewable Fuel Standard is a law that says oil companies have to use a certain amount of renewable fuel each year to help the environment.