Renewable Fuel Standard (RFS) Program: Alternative RIN Retirement Schedule for Small Refineries
other · Rule · Published 2022-09-02 · Effective 2022-09-02 · 87 FR 54158
Document
Document number
2022-18870
Federal Register citation
87 FR 54158
CFR reference
40 CFR 80
Type
Rule
Action
Final rule.
Category
other
Publication date
2022-09-02
Effective date
2022-09-02
EPA docket
EPA-HQ-OAR-2022-0434
Abstract
EPA is finalizing an optional alternative renewable identification number (RIN) retirement schedule for small refineries under the Renewable Fuel Standard (RFS) program for the 2020 compliance year. Small refineries that elect to use the alternative RIN retirement schedule will have to fully comply with their 2020 RFS obligations-- including any RIN deficits from 2019 carried forward into the 2020 compliance year--by February 1, 2024. EPA is taking this action because small refineries may need more time to plan for compliance with their RFS obligations given EPA's delay in deciding small refinery exemption (SRE) petitions and setting the associated compliance deadlines.