By Stephanie Kelly and Jarrett Renshaw
Aug 26 (Reuters) – The U.S. Environmental Safety Company on Thursday despatched annual biofuel mixing mandates to the White Home’s Workplace of Administration and Finances for assessment, according to the company.
The EPA was anticipated to suggest decreasing the mandate for 2021 to mirror weaker demand through the coronavirus pandemic, whereas rising the mandate for 2022, Reuters reported final week, in keeping with sources. L1N2PR1GT
“The proposal goals to get the (Renewable Gasoline Normal) program again on monitor whereas addressing challenges stemming from choices made underneath the prior administration,” an EPA spokesperson mentioned in an announcement.
The company didn’t present particulars on the proposal or verify Reuters’ earlier reporting.
Beneath the U.S. RFS, oil refiners should mix billions of gallons of biofuels into the nation’s gasoline combine, or purchase tradeable credit from those who do.
Mandates for 2021 have been delayed by greater than half a yr.
(Reporting By Stephanie Kelly and Jarrett Renshaw; Modifying by Bernadette Baum)
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