|
US EPA Proposes Rule for Renewable Fuels
Standard Program
On Thursday, September 7, the U.S. Environmental
Protection Agency (EPA) released a draft proposed rule for the
Renewable Fuels Standard (RFS) authorized in the Energy Policy
Act of 2005 (P.L. 109-58).
The proposed rule covers how obligated parties may
comply with the RFS through the purchase of credits if they do
not wish to blend renewable fuels into their gasoline. The
proposed rule defines who can generate credits and how
obligated parties may transfer credits to one another.
Compliance and enforcement provisions for facility
registration, recordkeeping and report requirements, program
enforcement, and various fuel tracking mechanisms are also
included in the proposed rule. Additional information
regarding the economic and air quality impacts are included in
the RFS program proposed rule. Current rules for 2006 still
apply; the new rule will take effect at the start of 2007.
The deadline to submit
comments on the proposed rule is November 11, 2006. Please
see the full notice in the Federal Register to submit
comments. If
you have comments to submit (or that you may already have
submitted), please also send them to me at jwong@eesi.org.
If we receive sufficient interest and comments, EESI will
submit a compilation of comments to the EPA.
EESI will send out a full analysis of the proposed rule
within the next few weeks. Stay tuned for more information.
Click here for PDF
of this release.
Click
here for more information on the rulemaking
If you have questions, please email or call
Jetta Wong
at jwong@eesi.org or
(202) 662-1885.
###
The
Environmental and Energy Study Institute (EESI) is a
non-profit organization that works at the nexus of policy and
innovation to promote environmentally sustainable societies.
EESI was founded in 1984 by a bipartisan group of
Congressional Members dedicated to finding environmental and
energy solutions. EESI provides credible, timely
information and innovative policy ideas through coalition
building, media outreach, publications, briefings, workshops
and task forces on the issues of energy efficiency and
renewable energy, transportation, smart growth, agriculture
and global climate change. Carol Werner leads the EESI
team as executive director.
|
