Unlocking the Future: Accessing Renewable Fuels Incentives for the Maritime Industry

The RFS program aims to reduce greenhouse gas emissions and promote renewable fuels in the United States. Renewable fuels are produced from renewable biomass and reduce the amount of fossil fuels in transportation fuel, heating oil, and jet fuel. A Renewable Identification Number (RIN) is assigned to each gallon of renewable fuel, and obligated parties must meet Renewable Volume Obligations (RVO) to achieve renewable fuel targets. However, renewable fuels used in ocean-going vessels currently do not generate RINs.

This white paper discusses the eligibility of RINs and the potential for a marine RIN market if the definition of transportation fuel is changed to include ocean-going vessels.

This information is courtesy of research from Margaret Doyle, Alternative Fuels Program Manager, Transparensea Fuels, LLC and President and Founding Director, PortVision50. 

Download this document to discover:

• How to define RINs
• RIN Eligibility
• Why ocean vessels aren’t eligible
• The real-world applications of RINs