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Support for Renewable Fuels in Ocean Shipping

This new law aims to encourage the use of renewable fuels by ocean-going vessels. This means shipping companies can earn special credits for using eco-friendly fuels, potentially leading to reduced air pollution. These changes will take effect in about two years, with the Environmental Protection Agency (EPA) responsible for developing the detailed rules.
Key points
The act expands the renewable fuel program to include fuels for ocean-going vessels, potentially reducing their environmental impact.
Shipping companies will be able to generate credits for using renewable fuels, which could influence shipping costs and goods availability.
The Environmental Protection Agency (EPA) has one year to develop detailed regulations outlining how the program will operate.
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Status: Introduced
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Additional Information
Print number: 119_S_881
Sponsor: Sen. Ricketts, Pete [R-NE]
Process start date: 2025-03-06