Is RNG a California-Only Fuel?
December 2, 2020 - There is a growing interest in renewable natural gas by fleets across a range of sectors due to its ability to seamlessly replace conventional natural gas. Sourced from organic waste streams like green waste and livestock manure, RNG is made up of captured methane that would otherwise escape into the environment. This makes a fuel that is locally sourced, plentiful and low carbon.
Due to financial incentives available through state-level, low carbon fuel programs, as well as the national Renewable Fuel Standard program, RNG can be used as a transportation fuel with a total cost of ownership on par with, or cheaper than, diesel. These market-based programs incentivize the production and consumption of low-carbon renewable fuels by rewarding their low-carbon attributes with real monetary value. In these programs, the lower the carbon content of the fuel, the more value the fuel produces in the form of “credits” in low carbon fuel programs or “RINs” in the Renewable Fuel Standard program. This enables fuel suppliers like Trillium to pass on value in the form of cost savings for fleets fueling with RNG.
By ACT News