WASHINGTON, July 31 The U.S. Environmental
Agency on Thursday extended the deadline for refiners to show
compliance with 2013 federal biofuel use targets under the
Renewable Fuel Standard (RFS).
Annual compliance reports would be due 30 days after the
pending publication of the final rule for 2014, the agency said
on its website. The previous deadline, set in June, was Sept.
The EPA said the extension was necessary because refiners
need to know their 2014 obligations before they can determine
how many biofuel credits they may need to carry over from 2013
in order to comply with this year's requirements.
Final targets for 2014 biofuel usage are expected to be sent
to the White House within weeks, at which point the long-delayed
rule will enter its final review before public release.
But consideration of the proposal at the White House's
Office of Management and Budget could also take several weeks.
(Reporting by Ros Krasny; Editing by Sandra Maler)