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EPA finalizes rule to boost renewable fuel use

From the Associated Press

The Environmental Protection Agency, following a congressional mandate, finalized plans for new standards to boost the use of renewable fuels such as ethanol and biodiesel.

Refiners will be required to use at least 7.5 billion gallons of renewable fuel in gasoline by 2012, the EPA said.

The rule, authorized in an energy law signed by President Bush in 2005, also requires that 4.02% of gasoline sold or dispensed to U.S. motorists in 2007 be renewable fuel, or about 4.7 billion gallons. That is more than 1% higher than required last year.

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