RFS ‘Set’ Plan Offers eRINs To EV Manufacturers, Another Boost For Sector

EPA’s proposed renewable fuel standard (RFS) “set” rule would grant valuable compliance credits for renewable electricity used for transportation, but only for manufacturers of electric vehicles (EVs), another boost for the sector after Congress provided significant incentives for the industry in the recently enacted Inflation Reduction Act (IRA). EPA says in the proposed rule it limited the credits, known as electric renewable identification numbers (eRINs), to EV manufacturers because of concerns over complexity, fraud and data privacy of such a...