Senators float bill for RFS credit for ship fuel

Sens. Pete Ricketts (R-NE) and Sherrod Brown (D-OH) have introduced a bill aimed at expanding the market for biofuel by awarding renewable fuel standard (RFS) compliance credits for biofuel used in ocean-going ships., as shipping companies seek solutions to reduce their carbon emissions using various technologies. Currently, compliance credits known as renewable identification numbers (RINs) are available for motor fuels, heating oils and jet fuel derived from biomass. But allowing RIN generation for ship fuel would provide another outlet for...