RINS and LCFS – Regulations for renewables in Oil & Gas industry
SAP Credit Management
JANUARY 3, 2023
In 2007, under EISA or Energy Independence and Security Act, congress made more changes and expanded the program, now called RFS2, to mandate larger amounts and for a longer period. RINs are periodically reported to EPA Moderated Transaction System (EMTS) to comply and match with RVOs. The transaction is also reconciled with EMTS.
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