Phantom Fuels Elimination Act of 2014

To amend the Clean Air Act to allow advanced biofuel, biomass-based diesel, and cellulosic biofuel to satisfy the mandates of the renewable fuel program only if domestically produced, to eliminate the corn ethanol mandate under such program, and for other purposes. 1. Short title This Act may be cited as the Phantom Fuels Elimination Act of 2014 2. Advanced biofuel, biomass-based diesel, and cellulosic biofuel required To be produced in the United States To satisfy renewable fuel program mandates (a) Advanced biofuel Section 211(o)(1)(B)(i) of the Clean Air Act ( 42 U.S.C. 7545(o)(1)(B)(i) that has lifecycle that is produced in the United States and has lifecycle (b) Biomass-Based diesel Section 211(o)(1)(D) of the Clean Air Act ( 42 U.S.C. 7545(o)(1)(D) (1) in the first sentence, by striking that is biodiesel that is produced in the United States and is biodiesel (2) in the second sentence, by striking renewable fuel derived from renewable fuel that is produced in the United States and derived from (c) Cellulosic biofuel Section 211(o)(1)(E) of the Clean Air Act ( 42 U.S.C. 7545(o)(1)(E) (1) by striking renewable fuel derived from renewable fuel that is produced in the United States, that is derived from (2) by inserting a comma after from renewable biomass (d) Waivers for reduction of applicable volume in case of inadequate supply (1) Advanced biofuel Section 211(o)(7) of the Clean Air Act ( 42 U.S.C. 7545(o)(7) (G) Advanced biofuel For any calendar year for which the projected volume of advanced biofuel production is less than the minimum applicable volume established under paragraph (2)(B), as determined by the Administrator based on the estimate provided under paragraph (3)(A), not later than November 30 of the preceding calendar year, the Administrator shall reduce the applicable volume of advanced biofuel required under paragraph (2)(B) to the projected volume available during that calendar year. . (2) Biomass-based diesel Section 211(o)(7)(E) of the Clean Air Act ( 42 U.S.C. 7545(o)(7)(E) (iv) Inadequate supply For any calendar year for which the projected volume of biomass-based diesel production is less than the minimum applicable volume established under paragraph (2)(B), as determined by the Administrator based on the estimate provided under paragraph (3)(A), not later than November 30 of the preceding calendar year, the Administrator shall reduce the applicable volume of biomass-based diesel production required under paragraph (2)(B) to the projected volume available during that calendar year. . (3) Estimate of volumes Section 211(o)(3)(A) of the Clean Air Act ( 42 U.S.C. 7545(o)(3)(A) advanced biofuel, biomass-based diesel 3. Elimination of corn ethanol mandate for renewable fuel (a) In general Section 211(o)(2)(A)(i) of the Clean Air Act ( 42 U.S.C. 7545(o)(2)(A)(i) renewable fuel, contains at least the applicable volume of (b) Removal of table Section 211(o)(2)(B)(i) of the Clean Air Act ( 42 U.S.C. 7545(o)(2)(B)(i) (c) Conforming amendments Section 211(o)(2)(B) of the Clean Air Act ( 42 U.S.C. 7545(o)(2)(B) (1) in clause (i)— (A) by redesignating subclauses (II) through (IV) as subclauses (I) through (III), respectively; (B) in subclause (I) (as so redesignated), by striking of the volume of renewable fuel required under subclause (I), (C) in subclauses (II) and (III) (as so redesignated), by striking subclause (II) subclause (I) (2) by striking clause (iii) and redesignating clauses (iv) and (v) as clauses (iii) and (iv), respectively; and (3) in clause (iv), as so redesignated, by striking clause (i)(IV) clause (i)(III) (d) Administration Nothing in this section or the amendments made by this section affects the volumes of advanced biofuel, cellulosic biofuel, or biomass-based diesel that are required under section 211(o) of the Clean Air Act ( 42 U.S.C. 7545(o) (e) Regulations Not later than 180 days after the date of enactment of this Act, the Administrator of the Environmental Protection Agency shall promulgate such regulations as are necessary to carry out the amendments made by this section. (f) Effective date The amendments made by this section shall take effect on the date that is 180 days after the date of enactment of this Act.

Summary: Phantom Fuels Elimination Act of 2014 - Amends the Clean Air Act to revise the renewable fuel program by requiring advanced biofuel, biomass-based diesel, and cellulosic biofuel to be produced in the United States. Directs the Environmental Protection Agency (EPA), for any year in which the projected volume of advanced biofuel and biomass-based diesel production is less than the applicable volume standard established under the program, to reduce the volume of advanced biofuel and biomass-based diesel required to be blended into transportation fuel to the projected volume available for that year. Directs the Energy Information Administration to provide the EPA an estimate, with respect to the following year, of the volumes of advanced biofuel projected to be sold or introduced into commerce. Eliminates the volume standards under the program applicable to corn-starch ethanol.