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NEW YORK (Reuters) - The White House has directed the U.S. Environmental Protection Agency to study how using renewable fuels to power electric vehicle charging could generate tradeable credits under the nation’s biofuels program, two sources familiar with the discussions told Reuters.
FILE PHOTO: A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. REUTERS/Mark Blinch/File Photo
The move could give the fledgling U.S. electric vehicle industry a big boost by granting it fresh incentives and a new revenue stream. But the idea would introduce new actors like Tesla Inc into a program that has already bitterly divided the oil and corn industries.
by Jarrett Renshaw, Stephanie Kelly (Reuters) The White House has directed the U.S. Environmental Protection Agency to study how using renewable fuels to power electric vehicle charging could generate tradeable credits under the nation’s biofuels program, two sources familiar with the discussions told Reuters.
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If the program were expanded to include EVs the RINs would come from charging the vehicle using electricity produced by a renewable source of methane, like gas siphoned from landfills or dairy operations, according to the sources.
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Electricity from biogas is already technically eligible for generating RINs under the RFS, but the EPA has never approved applications to do so because the agency hasn’t yet figured out the logistical issues.
Exclusive: White House asks EPA to study whether EVs can generate renewable fuel credits Jarrett Renshaw ,
By Jarrett Renshaw and Stephanie Kelly
NEW YORK (Reuters) - The White House has directed the U.S. Environmental Protection Agency to study whether using renewable fuels to power electric vehicle charging should generate tradeable credits under the nation s biofuels program, two sources familiar with the discussions told Reuters.
The proposal could give the fledgling U.S. electric vehicle industry a big boost because it could grant it fresh incentives and a new revenue stream.
But the idea would introduce new actors like Tesla Inc into a program that has already bitterly divided the oil and corn industries.
Exclusive: White House asks EPA to study whether EVs can generate renewable fuel credits whbl.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whbl.com Daily Mail and Mail on Sunday newspapers.