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06-7887 Regulation of Fuels and Fuel Additives: Renewable Fuel Standard Program Proposed Rule Under the Clean Air Act, as amended by Section 1501 of the Energy Policy Act of 2005, the Environmental Protection Agency is required to promulgate regulations implementing a renewable fuel program. The statute specifies the total volume of renewable fuel that needs to be used in each year, with the total volume increasing over time. In this context, it is expected to simultaneously reduce dependence on foreign sources of petroleum, increase domestic sources of energy, and help us make progress in moving beyond a petroleum-based economy. The increased use of renewable fuels such as ethanol and biodiesel is also expected to have the added benefit of providing an expanded market for agricultural products such as corn and soybeans, expanding economic benefits for our nation's agricultural sector. Based on our analysis, there is also reason to believe that the expanded use of renewable fuels will provide reductions in carbon dioxide emissions and some air toxics emissions, such as benzene, from the transportation sector, while other emissions may increase. This action proposes regulations designed to ensure that refiners, blenders, and importers of gasoline will use enough renewable fuel each year so that this total volume requirement is met. Our proposal describes the standard that will apply to these parties and the renewable fuels that qualify for compliance. The regulations would also establish a trading program that would be a critical aspect of the overall program, allowing renewable fuels to be used where they are most economical while providing a flexible means for obligated parties to comply with the standard. 2006-09-22 2006 9 https://www.federalregister.gov/documents/2006/09/22/06-7887/regulation-of-fuels-and-fuel-additives-renewable-fuel-standard-program https://www.govinfo.gov/content/pkg/FR-2006-09-22/pdf/06-7887.pdf Environmental Protection Agency 145 Under the Clean Air Act, as amended by Section 1501 of the Energy Policy Act of 2005, the Environmental Protection Agency is required to promulgate regulations implementing a renewable fuel program. The statute specifies the total volume of renewable...

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