RINMARK(TM) Launches First Renewable Fuels Credit Trading Exchange

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Tue Jan 15, 2008 4:52pm EST

NEW YORK, Jan. 15 /PRNewswire-FirstCall/ - Answering the Nation's call for
dramatic increases in renewable fuel use over the next 10 years, Renewable
Trading Services, LLC announced today the launch of RINMARK(TM), an Internet
based exchange platform for the purpose of trading RIN credits in the United
States. The RINMARK(TM) exchange addresses each of the trading requirements
established in the EPA's final rule for the Renewable Fuel Standard (RFS),
first implemented on September 1, 2007 and since expanded with the passage of
the 2007 Energy Bill.
    Trading will begin January 30, 2008, following a web based conference (RIN
Trading Webinar) on January 16, 2008. The next phase of electronic trading
will commence by the end of the first quarter of this year. The RIN Trading
Webinar will be hosted by the RINSTAR(TM) Renewable Fuel Registry and will
serve to introduce participants from all over the industry to the new exchange
and the economic factors which will drive the market. Registration for the
webinar is offered on a first-come first-served basis at www.RINMARK.com.
"This state-of-the-art RIN Exchange platform has been designed by Belzberg
Technologies Inc., with both business and the financial institutions in mind.
By working with the Renewable Fuel Registry we are able to deliver verifiable
RINs to the marketplace, day-in and day-out", said Stephen Tobias, president
of Renewable Trading Services, LLC.
    The Renewable Fuels, Consumer Protection, and Energy Efficiency Act of
2007, has been the legislative vehicle of choice for reducing the carbon
footprint of motor fuels on the environment in the United States. With a new
CAFE standard of 35 mpg and a Renewable Fuel Standard (RFS) that increases
previously mandated levels by over 300%, the new laws effectively serve to
drive industry towards more environmentally responsible alternatives. At the
heart of the RFS is a credit trading program based upon the Renewable
Identification Number (RIN).
    RINs are serial numbers assigned to ethanol and other bio-fuels when
originally manufactured or otherwise introduced into the U.S. marketplace by
producers or importers. Companies throughout the renewable fuel and petroleum
supply chain are participating on the RINSTAR(TM) Renewable Fuel Registry,
where RIN numbers are registered and validated before transferring title to
another party. "We have already handled 39,321 individual transactions on
RINSTAR(TM), accounting for validation of over 600 million gallon-RINs in the
first 4 months of operation", said Clayton McMartin, president of the Clean
Fuels Clearinghouse - developer and administrating company of the RINSTAR(TM)
Renewable Fuel Registry. The independent 3rd party registry provides the
industry with its patent pending validation service, delivering the confidence
that environmental credit traders require when executing strategic business
plans built upon this emerging market.
    Renewable Trading Services, LLC is being formed by AgriFuels, LLC,
Belzberg Technologies (USA) Inc., I.A. Englander & Co. Inc. and Freedom Group
Inc. delivering an electronic environmental credit exchange platform open to
all parties interested in trading RINs.
    RINSTAR(TM) Renewable Fuels Registry is a product of Clean Fuels
Clearinghouse, a company formed in 2001 for the purpose of delivering business
solutions for cleaner fuels.
SOURCE  Belzberg Technologies Inc.

(212) 943-1400, info@rinmark.com
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