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1. BIOFUELS:

Stakeholders baffled, angry as Obama admin punts 2014 RFS

The Obama administration today stepped away from a contentious rule that aimed to slash 2014 targets for ethanol and advanced biofuels. U.S. EPA conceded in an announcement it couldn't complete the rule during a 90-day review at the Office of Management and Budget and that a final rule wouldn't be ready this year. The agency will likely withdraw the rule from OMB.

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