OMB does not
approve the revisions to this information collection associated
with notice of proposed rulemaking at this time. The agency should
continue its efforts to respond to public comments, with particular
emphasis on comments relating to opportunities to streamline
information collection burdens and improve the practical utility
and accuracy of information gathered and exchanged between third
parties.
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
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0
0
0
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The Energy Independence and Security
Act of 2007 amends the Clean Air Act section 211(o) to require EPA
to propose new, expanded regulations for renewable fuels (i.e.
RFS2). Because the RFS2 program covers parties that were not
covered by RFS1 (e.g. RFS1 covered only gasoline refiners and RFS2
covers diesel refiners as well; RFS1 had one type of program credit
[RIN] to account for and RFS2 has four types of program credit
[RINs] to account for), we are proposing a new ICR series. As part
of this proposed ICR, we are proposing to initiate an EPA Moderated
Trading System for RINs. RINs are the basic compliance unit, or
credit, for this program. This System would utilize the Central
Data Exchange (CDX) and would permit more reliable, electronic
generation and trading of RINs. RFS2 reporting will replace RFS1
reporting when the program is fully implemented.
US Code:
42 USC 7401 et seq Name of Law: Clean Air Act section 211(o) as
amended by the Energy Independance and Security Act of 2007
PL: Pub.L. 110 - 140 201 et seq. Name of Law:
Energy Independence and Security Act
The Energy Independence and
Security Act (EISA) of 2007 amends the Clean Air Act, section
211(o), and has required EPA to propose new regulations for
renewable fuels. The burden in this ICR reflects the requirements
under the new regulations.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.