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U.S. rule to cut toxic emissions at refineries

U.S. oil refineries will face tighter standards in coming years on toxic emissions that cause lung problems and increase cancer risks, environmental regulators said on Tuesday. The Environmental Protection Agency finalized a rule, to be fully implemented in 2018, that aims to reduce emissions of benzene and other toxic emissions. The EPA said the capital cost to refiners will be about $283 million, with an annualized cost of $63 million,