RIN Market

Energy Quote of the Day: ‘Victims Penalized’ Over Fraudulent Biodiesel RINs

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Global Issues Impact Oil Price

More problems with the Renewable Fuel Standard – an ethanol and biodiesel US transportation fuel supply blending requirement – have arisen with fraud allegations against an Indiana company that sold 33.5 million renewable-fuel credits for biofuel it never produced. This is not the first time fraudulent renewable-fuel credits have disrupted the RIN market and the EPA has been… Keep reading →

 /  Published December 19, 2013 at 10:00 AM

Energy News Roundup: RIN Market Ripe for Manipulation

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Dow Jones Averages Falls Below 11,000

The credits – Renewable Index Numbers –  created to track compliance with EPA-mandated ethanol blending into the US fuel supply as part of the Renewable Fuel Standard reportedly created a market easily manipulated by Wall Street and other players. [New York Times] Some positive climate change news may be on the horizon when the Intergovernmental… Keep reading →

 /  Published September 16, 2013 at 8:30 AM