January 10, 2024
BY BBI International
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More than 2.06 billion RINs were generated under the Renewable Fuel Standard in April, up from 1.84 billion generated during the same month of last year, according to data released by the U.S. EPA on May 16.
The U.S. EPA released updated small refinery exemption (SRE) data on May 16, reporting that no new SRE petitions have been filed under the Renewable Fuel Standard in the past month. A total of 38 SRE petitions remain pending.
A group of 25 trade organizations on May 15 sent a letter to Treasury Secretary Janet Yellen urging the agency to release guidance for the 45Z clean fuels production tax credit along with any necessary updated GREET models.
The U.S. Court of Appeals for the District of Columbia Circuit on May 14 upheld the renewable volume obligations (RVOs) set by the U.S. EPA for Renewable Fuel Standard compliance years 2020, 2021 and 2022.
As the first-ever ethanol producer to deliver carbon removal credits to the voluntary market, Red Trail Energy and its partners are creating a blueprint for others to follow.