Renewable Transport Fuel Obligation: Difference between revisions
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Put into action in 2008, the RTFO is intended to deliver reductions in greenhouse gas emissions from fuel used for transport purposes by encouraging the supply of renewable fuels<ref name="foo" />. | Put into action in 2008, the RTFO is intended to deliver reductions in greenhouse gas emissions from fuel used for transport purposes by encouraging the supply of renewable fuels<ref name="foo" />. | ||
Under the RTFO Order, fuel suppliers have an obligation to provide a volume of sustainable renewable fuel which is calculated as a proportion of the overall volume of fuel they supply for road transport and NRMM purposes. The obligation is relevant to fuel suppliers providing at least 450,000 litres of fuel per year (the obligation period)<ref name="foo" />. | Under the RTFO Order, fuel suppliers have an obligation to provide a volume of sustainable renewable fuel which is calculated as a proportion of the overall volume of fuel they supply for road transport and [[NRMM]] purposes. The obligation is relevant to fuel suppliers providing at least 450,000 litres of fuel per year (the obligation period)<ref name="foo" />. | ||
[[Renewable Transport Fuel Certificates]] ([[RTFC]]s) are gained by supplying sustainable renewable fuels and can be redeemed by suppliers to meet their obligations. | [[Renewable Transport Fuel Certificates]] ([[RTFC]]s) are gained by supplying sustainable renewable fuels and can be redeemed by suppliers to meet their obligations. | ||