International Laws & Regulations
The Greenhouse Gas Reduction (Renewable and Low Carbon Fuel Requirements) Act and the Renewable and Low Carbon Fuel Requirements Regulation have been amended as of July 1, 2013 to implement changes that will improve British Columbia’s low carbon fuel requirements.
In April 2009, Directive 2009/30/EC was adopted which revises the Fuel Quality Directive [Directive 98/70/EC]. It amends a number of elements of the petrol and diesel specifications as well as introducing in Article 7a a requirement on fuel suppliers to reduce the greenhouse gas intensity of energy supplied for road transport (Low Carbon Fuel Standard). In addition the Directive establishes sustainability criteria that must be met by biofuels if they are to count towards the greenhouse gas intensity reduction obligation.
RENEWABLE HEAT INCENTIVE (RHI) - UNITED KINGDOM
In order to meet energy targets of 15% of all energy consumed by renewable by 2020, the UK Government has introduced the Renewable Heat Incentive - the first of its kind in the world. The RHI is split into two categories, Domestic and commercial.
The RHI is a guaranteed payment for every unit of heat generated over a 20 year period. Commercial entities thus save money on their heating bills by using a lower cost fuel, and being paid for being green. Tariff rates are issued quarterly and degress over time as the total volume of heat produced by renewables increases. The tariff level is set from the date of registration for the full 20 years. (Source: British Gas)