The document discusses the Renewable Fuel Standard (RFS) program and its evolution over time. It outlines RFS1, RFS2, and the EPA-moderated transaction system (EMTS), noting RFS2 went into effect after July 1, 2010. The primary purpose of RFS is to incentivize renewable fuel blending by allowing obligated parties to meet their renewable volume obligations through a credit system tracked using renewable identification numbers (RINs).

1. Renewable Fuels
May 5, 2010
Understanding Your Options
In RFS1, RFS2, and EMTS

2. Revised Renewable Fuel
Standard (RFS2)
Jeff Hove/Brian Shadle
RINAlliance•
www.RINAlliance.com

3. What Defines The Renewable
Fuel Standard?
• RFS 1 (Sept 2007)
• Technical Amendments (FR Oct 2, 2008)
• RFS 2 (Post July 1, 2010)
• EPA Moderated Transaction System
• Draft Technical Amendment (May 4, 2010)
[40CFR Part 80.1100 .1460 sub M sub K]
www.RINAlliance.com

4. Dynamics of the RIN
• Track and Project Fuel Usage (Adjust Standard)
• Allow Obligated Parties Ability to Meet RVO
• ……etc, etc.
• Primary Purpose: Incentivize Renewable
Fuel Blending
www.RINAlliance.com

5. To continue learning about RFS2
and EMTS, contact:
info@rinalliance.com