Pursuant to the Renewable Fuel Standard (“RFS”), the U.S. Environmental Protection Agency (“U.S. EPA”) issues annual renewable volume obligations (“RVOs”), which set the minimum aggregate volume of renewable fuel that refiners must blend with transportation fuel for the following calendar year.

Refineries producing transportation fuel meet their RVOs by blending the required volume of renewable fuel into gasoline or diesel fuel or by acquiring credits (called renewable identification numbers, or “RINs”). The RFS permits “small” refineries – those producing fewer than 75,000 barrels of fuel per day – to claim an exemption by showing that meeting their RVOs would cause them “disproportionate economic hardship.”
Continue Reading Exemptions Under The Renewable Fuel Standard

Ethanol PlantOn November 16, 2016, the U.S. Environmental Protection Agency (EPA) published the proposed Renewables Enhancement and Support Growth Rule, which proposes changes to EPA’s Renewable Fuel Standard (RFS) program and other renewable fuel regulations designed to encourage market growth of ethanol and renewable fuels in the U.S. and provide
Continue Reading EPA Proposes Rule to Ease Barriers in Renewable Fuel Standard Program

biofuels-refinery-cornfield-iStock_000014433282_LargeAn uptick in recent federal enforcement actions involving renewable fuel credits is signaling that market participants can expect more fraud investigations and prosecutions as federal regulators strive to maintain control over the renewable fuel credit program.  The enforcement actions involve the trading of Renewable Identification Numbers (RINs) under the Renewable Fuels Standard (RFS) program.
Continue Reading Fraudulent RIN Cases Underscore Continuing Concerns for Renewable Fuel Credit Program