Renewable Fuels Act of 2001

Renewable Fuels Act of 2001 - Amends the Clean Air Act to: (1) establish specified limitations on the aromatic hydrocarbon content of reformulated gasoline (RFG); (2) authorize prohibitions on the use of fuels that contribute to water pollution anticipated to endanger public health or welfare; (3) ban the use of methyl tertiary butyl ether (MTBE) in gasoline within four years of this Act's enactment; (4) phase in specified clean alternative and renewable fuel content requirements; and (5) apply, upon State application, prohibitions on the sale of conventional gasoline in covered areas (areas requiring the use of RFG), to nonclassified areas (opt-in areas).

Amends the Solid Waste Disposal Act to authorize the use of funds from the Leaking Underground Storage Tank Trust Fund to: (1) carry out corrective actions with respect to releases of MTBE that present a risk to human health, welfare, or the environment; and (2) conduct inspections, issue orders, or bring actions under the underground storage tank regulation program.