EPA Boosts Renewable Fuel Standards For 2013

Law360, New York (January 31, 2013, 6:04 PM ET) -- The U.S. Environmental Protection Agency proposed Thursday to raise standards for four types of biofuels, requiring refiners and importers to increase the amount of renewable fuels in U.S. fuel market by 1.35 billion gallons over 2012.

The agency is seeking to require 16.55 billion gallons of biomass-based diesel, advanced biofuels and cellulosic biofuels to be blended into the total volume of gasoline in 2013. Under the Renewable Fuel Standard program, or RFS2, the EPA aims to gradually increase the level of renewable fuels in U.S. gas supplies...
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