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Want to earn continuing education credits from Conservation Planner, Society of American Foresters, or The Wildlife Society?
Earn credits by watching this 1 hour webinar or other bioenergy webinars at http://www.bioenergywebinars.net/webinars/the-role-of-the-renewable-fuels-standard-and-renewable-identification-numbers-in-driving-biofuels-production-and-technology-development/.
Video Details: Originally presented on January 24, 2014. The Renewable Fuel Standard (RFS) is the most effective policy tool to date to simultaneously reduce our dependence on foreign oil, expand production of renewable fuels and give future generations a nation that is stronger, cleaner and more secure. First established in 2005 and expanded in 2007, Congress created the RFS to reduce the risk of investing in renewable biofuels, to increase rural incomes and rural employment opportunities, and to respond to greenhouse gas concerns. In addition, renewable biofuels have helped to moderate price at the fuel pump.
Compliance with the RFS is based on a system of Renewable Identification Number (RIN) credits. RINs are a valuable, tradable commodity, but primarily represent a means of tracking volumes of individual renewable fuels mandated by the RFS and blended with petroleum products. The details of RIN creation, categories and markets can get complicated quickly.
Mike McAdams, Advanced Biofuels Association
Rory Gopaul, Carbon Solutions Group
Brent Bailey, 25x’25 Alliance