EPA Submits Final Biofuel Blending Mandate Rule to White House for Review – Reuters
EPA sends final biofuel blending mandate rule to White House for review Reuters
The Environmental Protection Agency (EPA) recently submitted their final biofuel blending mandate rule to the White House for review. This rule is part of the Renewable Fuel Standard (RFS) program, which requires that a certain percentage of transportation fuel be derived from renewable sources such as corn-based ethanol and biodiesel. The new rule would increase the amount of renewable fuel that must be blended into gasoline and diesel fuel.
The EPA’s new rule is intended to help reduce greenhouse gas emissions, promote energy independence, and create jobs in the renewable fuel industry. The rule would also provide a boost to the agricultural sector, as corn-based ethanol is one of the most widely used renewable fuels in the United States. The EPA estimates that the new rule could reduce greenhouse gas emissions by up to 10 million metric tons in 2020.
The EPA’s proposed rule has been met with both praise and criticism. Supporters of the rule argue that it will help reduce greenhouse gas emissions and create jobs in the renewable fuel industry. Critics argue that the rule could lead to higher fuel prices and could hurt small businesses that rely on traditional fuels.
The White House will now review the EPA’s proposed rule and decide whether or not to approve it. If approved, the rule would go into effect in 2020 and would require refiners and importers to blend more renewable fuels into their gasoline and diesel fuel.
The EPA’s proposed rule is an important step towards reducing greenhouse gas emissions and promoting energy independence. It remains to be seen whether or not the White House will approve the rule, but it is clear that the EPA is taking steps to reduce emissions and create jobs in the renewable fuel industry.
This article has been rewritten and summarized in an informative style by Open AI, while the image uses deep generative neural network. SDG Investors LLC holds the rights to both the article summary and image. All rights reserved.
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