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Under the Clean Air Act, the EPA specifies a certain volume of cellulosic biofuels each year that it requires refiners to blend into gasoline based on "the projected volume available." Volumes of cellulosic biofuel that would enable refiners to meet the EPA threshold under the RFS -- 8.65 million gallons for 2012 and a proposed 14 million gallons for 2013 -- are not commercially available.
As a result, the EPA has required refiners to buy credits to comply with the cellulosic mandate or face fines for noncompliance.
"Requiring industry to use millions of gallons of a substance that does not exist and in turn fining them for noncompliance is irrational and unfair," said Sen. Mike Crapo (R-Idaho).
DownstreamToday.com - News and Information for the Downstream Oil and Gas Industry
More foolish mandates from the Obama Administration
As a result, the EPA has required refiners to buy credits to comply with the cellulosic mandate or face fines for noncompliance.
"Requiring industry to use millions of gallons of a substance that does not exist and in turn fining them for noncompliance is irrational and unfair," said Sen. Mike Crapo (R-Idaho).
DownstreamToday.com - News and Information for the Downstream Oil and Gas Industry
More foolish mandates from the Obama Administration
