EPA Raises Renewable Fuels Standard For 2008

Law360, New York (November 28, 2007, 12:00 AM EST) -- The U.S. Environmental Protection Agency set new standards on Tuesday that will boost the use of ethanol and other renewable fuels by about 700 million gallons in 2008.

Under the new standards, at least 4.66% of all fuel sold or dispensed to U.S. motorists — the equivalent of 5.4 billion gallons — will come from renewable sources next year, the EPA said. This year, 4.02% of all fuel, or about 4.7 billion gallons, came from renewable sources.

“The [2005] Energy Policy Act requires EPA to annually...
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