U.S. EPA Proposes Boosting 2012 Renewable Fuel Standards

The U.S. Environmental Protection Agency proposed increasing the amount of renewable fuels used in U.S. vehicles next year.

The volume of renewable fuels such as biomass-based diesel and advanced biofuels should increase to 15.2 billion gallons in 2012 from 13.95 billion gallons this year, the agency said today in an e-mailed statement.

Under a 2007 federal law, the U.S. intends to reach 36 billion gallons of renewable fuel by 2022.

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