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 | Under the RTFO, 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. |