The Environmental Protection Agency (EPA) has issued a final rule that extends the deadline for compliance reporting under the Renewable Fuel Standard (RFS) program for the 2024 compliance year. This extension gives fuel producers, distributors, and suppliers more time to demonstrate compliance with their renewable volume obligations. The rule includes other minor updates, such as amendments to the biodiesel quality standards and consolidation of deadlines for certain compliance reports. This change is meant to alleviate the regulatory burden on affected parties and provides clear, updated guidelines for compliance.
Simple Explanation
The EPA is giving people more time in 2024 to complete some important paperwork needed to use certain kinds of fuel that are better for the environment, and they are also fixing a few small rules to make things clearer and simpler.