Refiners and biofuels groups will have to wait until next year to find out the final 2014 mandate for ethanol use in transportation fuel stocks, following the decision by the Environmental Protection Agency to delay action on the Renewable Fuel Standard.
In a Federal Register notice, EPA said Friday it would seek to complete 2014 rulemaking next year, and added separately that it would pursue a three-year rule that would run through 2016.
The delay was welcomed by biofuels groups opposed to the agency's plan to cut required ethanol use this year, but heavily criticized by refiners who have been fighting the RFS.
All said the additional delay, coming more than year after EPA was to have completed its 2014 rule, added new uncertainty to the implementation of the mandate. EPA will also miss the Dec. 1 deadline to complete action on a 2015 proposal, and said it would extend the compliance deadline for 2013 into the new year.
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