The US Environmental Protection Agency June 21 finalized regulations to steadily raise the amount of renewable fuel that US refiners must annually mix with gasoline and diesel over the next three years, lowering some blending requirements below its December proposal following comments from stakeholders. The new rule tied to the EPA’s Renewable Fuel Standard program left the biofuel and farming community deeply disappointed as it pulled back on conventional biofuel blending targets, but it also failed to appease the oil lobby which maintained that the targets were still unachievable.
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