NEW YORK, Nov 4 (Reuters) – The U.S. Environmental Protection Agency and a biofuels trade group have agreed to extend by two weeks a deadline the agency has to issue a proposal on biofuel blending obligations for 2023, the trade group said on Friday.
Growth Energy agreed to the EPA’s request for a two-week extension on the condition that November 30 be the final deadline to issue the proposal, it said. Under U.S. law, oil refiners are required to blend billions of gallons of biofuels into the nation’s fuel mix, or buy tradeable credits from those that do.
Reporting by Stephanie Kelly
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