EPA Bumps Up Renewable Fuel Standards For 2012

Law360, New York (June 22, 2011, 3:56 PM EDT) -- The U.S. Environmental Protection Agency on Tuesday unveiled renewable fuel standards for next year, aiming to increase the amount gasoline and diesel manufacturers must use in transportation fuels.

The EPA proposed raising the total volume of renewable fuels like biomass diesel to 15.2 billion gallons in 2012, up from 13.95 billion gallons last year.

The Energy Independence and Security Act, approved by Congress in 2007, sets annual renewable fuel targets, with the goal of increasing overall renewable fuel volumes to 36 billion gallons by 2022. Each...
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