The Environmental Protection Agency is hosting a webinar next week on a new system for controlling renewable fuel credits known as RINs (renewable identification numbers).

The webinar will lay out EPA concepts for the new RIN Moderated Transaction System (MTS) and solicit feedback from regulated industry. According to an EPA announcement, webinar participants will have the opportunity to ask questions, offer suggestions, and discuss EPA’s MTS concepts via e-mail after the webinar. The webinar will not address general RFS2 questions other than those specifically related to the MTS.

The webinar is scheduled for February 25 from 1 p.m. – 3 p.m. EST and registration is limited to 200 participants. However, the presentation, including audio, will be posted on EPA’s website within a few days after the webinar has taken place. Registration is available by sending an e-mail with the subject line “EPA MTS Webinar Registration” to FuelsProgramsReporting@epa.gov.

The Clean Fuels Clearinghouse applauded EPA’s announcement of plans for the new Modulated Transaction System.

The company, which developed the RINSTAR renewable fuel registry, has been working in collaboration with EPA since December to serve the market need for valid clean fuel credits.

RINSTAR is currently the nation’s only renewable fuel registry, which has been operational since September 1, 2007, the first day the Renewable Fuels Standard was implemented.