Renewable fuels proposal for 2014 withdrawn by EPA

The Obama administration’s decision to put off this year’s quotas for using renewable fuels sets up fights in Congress and the courts over a program that has been bitterly contested for nearly a decade. The delay, announced yesterday by the U.S. Environmental Protection Agency, caps months of fighting between refiners and ethanol producers over a proposal by the agency to lower the quotas for using ethanol, biodiesel and cellulosic fuels. Read more at Bloomberg News…