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Appendix B. Selected RFS Requirements
From Section 820 of H.R. 4 (Public Print Version)
Applicable volume of renewable fuel
Calendar year: (In billions of gallons)
2004-- 2.3
2005-- 2.6
2006-- 2.9
2007-- 3.2
2008-- 3.5
2009-- 3.9
2010-- 4.3
2011-- 4.7
2012-- 5.0.
`(ii) CALENDAR YEAR 2013 AND THEREAFTER- For the purpose of subparagraph (A), the applicable volume for calendar year 2013 and each calendar year thereafter shall be equal to the product obtained by multiplying--
`(I) the number of gallons of gasoline that the Administrator estimates will be sold or introduced into commerce in the calendar year; and
`(II) the ratio that--
`(aa) 5.0 billion gallons of renewable fuels; bears to
`(bb) the number of gallons of gasoline sold or introduced into commerce in calendar year 2012.
3) APPLICABLE PERCENTAGES- Not later than October 31 of each calendar year, through 2011, the Administrator of the Energy Information Administration shall provide the Administrator an estimate of the volumes of gasoline sales in the United States for the coming calendar year. Based on such estimates, the Administrator shall by November 30 of each calendar year, through 2011, determine and publish in the Federal Register, the renewable fuel obligation, on a volume percentage of gasoline basis, applicable to refiners, blenders, distributors and importers, as appropriate, for the coming calendar year, to ensure that the requirements of paragraph (2) are met. For each calendar year, the Administrator shall establish a single applicable percentage that applies to all parties, and make provision to avoid redundant obligations. In determining the applicable percentages, the Administrator shall make adjustments to account for the use of renewable fuels by exempt small refineries during the previous year. |