Home → Updates → Legal → The Renewable Transport Fuel Obligations (Amendment) Order 2020
The Renewable Transport Fuel Obligations (Amendment) Order 2020
Jurisdiction: UK
Commencement: 31st December 2020
Amends: Renewable Transport Fuel Obligations Order 2007
Mini Summary
The Renewable Transport Fuel Obligations Order 2007 requires transport fuel suppliers, who supply relevant hydrocarbon oil in the United Kingdom, to produce evidence that a certain amount of renewable transport fuel has been supplied.
Amendment
The calculation used to determine the amount that a supplier must pay to discharge any shortfall in their renewable transport fuel obligation has been changed, with the effect of increasing the cost of discharging shortfalls. The multiplier applied to any shortfall in a suppliers main renewable transport fuel obligation is increased from 30 pence to 50 pence for obligation periods beginning on or after 1st January 2021.
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