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Renewable Fuel Credit Market Due for a Shakeup with Tesla Entry

May 13, 2021 01:09 AM EDT RIEDEN, GERMANY - JUNE 11: A Tesla electric-powered sedan stands at a Tesla charging staiton at a highway reststop along the A7 highway on June 11, 2015 near Rieden, Germany. Tesla has introduced a limited network of charging stations along the German highway grid in an effort to raise the viability for consumers to use the cars for longer journeys. (Photo : Photo by Sean Gallup/Getty Images) Renewable fuel credits are primarily sought out by companies still in the business of selling non-renewables but must contribute in some way to the reduction of carbon emissions. These credits come in the form of Renewable Identifications Numbers (RIN), which are generated by renewable fuel companies but can be separated for a non-renewable vendor s compliance with the Renewable Fuel Standard (RFS) program.

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