EPA  Issues Minor Amendments to the
Gellulosic Waiver Credit Provisions
and  Other Renewable Fuel Standard
Regulations
    This Direct Final Rulemaking (DFRM) would clarify the data
    sources and methodology used to calculate the Cellulosic Waiver
Credit (CWC) price. It would also amend the regulations to remove
the CWC prices from the code of federal regulations. Instead, they
would be announced in a more timely fashion on EPA's website. Finally,
the DFRM will reinsert language in the renewable fuels program regu-
lations inadvertently overwritten by the Quality Assurance Program
final rule. This action would not result in any significant costs or
emission impacts. The amendments apply in the following areas:

Amendments
Clarification of the Data Sources Used in the CWC Price Calculation: The price
of CWCs are determined using a formula specified in the Clean Air Act (CAA).
The cellulosic waiver credit price is the greater of $0.25 or $3.00 minus the wholesale
price of gasoline, where both the $0.25 and $3.00 are adjusted for inflation. In this
action we are clarifying that we will adjust for inflation by comparing the Consumer
Price Index from June of the year preceding the compliance period to the Consumer
Price Index from January 2009. In this calculation we will use the "Consumer Price
Index for All Urban Consumers (CPI-U): U.S. City Average, Unadjusted Index for
All Items" expenditure category as provided by the Bureau of Labor and Statistics.

Modification of the Method for Announcing CWC Prices: In previous years EPA
has established the CWC price by rulemaking and published these prices in the Code
of Federal Regulations. This process has resulted in a delay of the announcement
of the CWC price for 2014 and 2015. To allow more expeditious publication of the
CWC prices EPA will announce  the CWC price on our "Renewable Fuels: Regula-
tions & Standards" website (http://www.epa.gov/otaq/fuels/renewablefuels/regula-
tions.htm). EPA will issue an EnviroFlash notice when the CWC prices are posted.
 United Slaws
 Environmental Protection
L Agency
                                Office of Transportation and Air Quality
                                                 EPA-420-F-15-015
                                                      March 2015

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To subscribe to receive EnviroFlash notices visit our website at: https://enviroflash.epa.gov/envi'
roflashOTAQPublic/Subscriber.do?method=start. We will also remove the CWC prices from our
regulations.

Calculation of CWC Prices: EPA has calculated the CWC prices for 2014 and 2015 using
the data sources and methodology specified in this rule, as described above. The CWC price
for 2014 will be $0.49 and the CWC price for 2015 will be $0.64. We will publish these prices,
along with the 2013 CWC price ($0.42), on our website following the effective date of this rule

Reinsertion of Inadvertently Overwritten Text: A previous EPA rulemaking action inadver-
tently overwrote a section of the regulations regarding renewable fuel produced from giant reed
(Arundo donax) and napier grass (Pennisetum purpureum). In this rule we  are reinserting this
text. In conjunction with the addition of this text, we are also re-numbering several existing
sections of our regulations to align them with regulatory references elsewhere.
What are the Economic and Environmental Impacts?
This rulemaking action is not expected to result in any significant changes in regulatory burdens
or costs.
Public Participation Opportunities
This rule is being released as a Direct Final Rule because we view it as a non-controversial action
and anticipate no adverse comment. However, comments can be submitted under a parallel
Notice of Proposed Rulemaking (NPRM). Comments will be accepted for 30 days beginning
when the NPRM is published in the Federal Register. All comments should be identified by
Docket ID No. EPA'HQ'OAR'2015-0049 and submitted by one of the following methods:

   •  Internet: www.regulations.gov

   •  E-mail: A'and'R'Docket@epa.gov

   •  Mail:
       Environmental Protection Agency
       Air and Radiation Docket and Information Center (6102T)
       1200 Pennsylvania Avenue NW
       Washington, DC 20460

   •  Hand Delivery:
       EPA West Building
       EPA Docket Center (Room 3340)
       1301  Constitution Avenue NW
       Washington, DC

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For More Information
You can access the rule and related documents on EPA's Office of Transportation and Air
Quality (OTAQ) website at:

          www.epa.gov/otaq/fuels/renewablefuels/regulations.htm

You can access documents on the Renewable Fuels Standards Program on the website given
above, or by contacting the OTAQ library at:

          U.S. Environmental Protection Agency
          Office of Transportation and Air Quality Library
          2000 Traverwood Drive
          Ann Arbor, MI48105
          (734) 214-4311& 214-4434
          E-mail: Group_AALibrary@epa.gov

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