Senate Environment and Public Works Committee hearing examines marine biofuels bill

In Washington, Clean Fuels Alliance America thanked Sens. Pete Ricketts (R-NE) and Shelley Moore Capito (R-WV) for examining the Renewable Fuels for Ocean-Going Vessels Act (S. 881) in a Senate Environment and Public Works Committee hearing. The bipartisan bill – introduced in March by Ricketts and Sen. Amy Klobuchar (D-MN) – would open new markets for U.S. farmers and biodiesel renewable diesel producers by allowing them to preserve RFS credits for fuel used in marine markets.

Under RFS rules, biomass-based diesel producers and blenders must retire RINs when the fuel is used in ocean-going vessels. The legislation would designate such fuel as an “additional renewable fuel” eligible for credit under the Renewable Fuel Standard.