EPA Proposes Reduced 2014 Renewable Fuel Requirements

Law360, New York (November 15, 2013, 3:21 PM EST) -- The U.S. Environmental Protection Agency on Friday released proposed benchmarks for the amount of renewable fuels that must be blended into the U.S. fuel supply in 2014, floating a level that would scale back a controversial 2007 biofuels mandate for the first time.

The agency’s proposed rule would mandate that the U.S. oil industry add 15.2 billion gallons of renewable fuel to the nation’s fuel supply in 2014, down from this year’s 16.55 billion gallon benchmark as well as the 18 billion gallon mark originally outlined in...
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