US generated more renewable blending credits in June, EPA says
NEW YORK, July 16 (Reuters) - The U.S. generated more renewable blending credits in June than May, data from the Environmental Protection Agency showed on Wednesday.
About 1.25 billion ethanol (D6) blending credits were generated in June, compared with about 1.22 billion in May, the data showed.
Credits generated from biodiesel (D4) blending rose to 629 million in June from 602 million in the prior month, according to the data.
The credits are used by oil refiners and importers to show compliance with EPA-mandated renewable blending quotas for petroleum-based fuels. They are generated with every gallon of biofuel produced.
The following is a table of the credit generation for April by credit type.
Fuel (D) code | RINs | Volume (Gal.) |
D3 | 6,542,856 | 6,542,856 |
D4 | 629,081,010 | 384,170,280 |
D5 | 17,569,512 | 13,731,963 |
D6 | 1,249,493,674 | 1,249,493,674 |
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