A nationwide 95 RON octane standard for vehicles can deliver major carbon reductions in the nation’s light-duty auto fleet faster and at a lower cost than any other proposal being considered by policymakers right now, especially policies seeking to force nationwide vehicle electrification.
The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).
The Renewable Fuel Standard is more expensive in 2021 than at any other point in the program’s 15-year history. Soaring RFS prices signal that the RIN bank could run dry.
Building on decades of broader efforts alongside automakers to advance fuel-efficient technologies and vehicles, refiners are leading the effort to transition the U.S. to high-octane gasoline.
Often overlooked in the compendium of efforts toward a cleaner vehicle fleet are bold, industry-led innovations inefficient liquid fuels, vehicle designs and internal combustion engines that continue to dramatically reduce tailpipe emissions.
WASHINGTON, D.C. – “AFPM joins other industry groups and the Clean Air Scientific Advisory Committee in support of the EPA’s proposal to retain current health and environment air quality standards.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson today issued the following statement in response to Gov. Newsom’s executive order outlining his aspirational goal to ban the sale of new passenger cars and trucks with internal combustion engines.
