As the government has set the timeline now, biofuels will displace gasoline consumption by 30% by the year 2030 (by 2004 consumption levels). This is the furthest benchmark the government has set for phasing out gasoline.
Unless gasoline consumption drops dramatically in the U.S. and abroad, I don’t know that it is feasible, at least by modern day biofuel efficiencies, that biofuels will ever replace foreign oil. The amount of land needed to grow enough biofuels for the United States’ oil use habits would not leave enough land available to grow food crops.
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