Sustainable Aviation Fuel: Episode 4
Climate Now
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Understanding Renewable Identification Numbers (RINs)
This chapter explores the Renewable Fuel Standard (RFS) and its mechanism, Renewable Identification Numbers (RINs), which identify renewable fuels. It details the complexities of different RIN types, their carbon intensities, and how they function as a currency for compliance among oil companies. The chapter also addresses significant market challenges, including the impact of price surges in RINs on the refining industry and the political ramifications of blending obligations.
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