Will eRINs Make Teslas Cheaper?
Including electric vehicles as part of RFS and allowing EV carmakers to generate eRINs should reduce the cost of an EV to the public.
cleantechnica.com
“The administration’s early and extensive outreach reflects that expanding the scope of the U.S. Renewable Fuel Standard (RFS) to make it a tool for electrifying the nation’s automobile fleet is one of Biden’s priorities in the fight against climate change.”
The corn and oil lobbies are already at odds over the RFS. Adding the car lobby into the mix will only make matters more contentious. But has the time come? If corn ethanol has been getting subsidies, despite not really being deserving of them, shouldn’t much cleaner and greener electric cars?
“Tesla is seeking changes to the RFS that will allow it to earn renewable fuel credits [eRINs] based on kilowatt hours driven or similar metrics, according to two sources familiar with the plan,” Reuters reports.
