Acting EPA Administrator Andrew Wheeler announced new efforts to provide greater transparency in the Renewable Identification Number (RIN) market, used to show compliance with annual Renewable Fuel Standard requirements. As part of this announcement, EPA said it will be providing aggregated annual data on small refiner exemptions, as well as waiver requests for current and future compliance years. RFA President …
Perdue: Administration Unlikely to Cap RIN Prices
An Agri-Pulse report says it appears that the Trump administration will not be putting a cap on the price of biofuel credits, known as Renewable Identification Numbers. Ag Secretary Sonny Perdue says the administration will more likely try to bring down the cost of RINs through a vapor pressure waiver that will increase demand for E-15. That’s the outcome favored …
New Study: RIN Price Cap for E15 RVP Waiver “Deal” Would Cut Ethanol Consumption and Trounce Corn Prices
Any action to artificially cap Renewable Identification Number (RIN) prices in exchange for an RVP waiver allowing year-round sale of E15 would be bad deal for rural America and the nation’s consumers, according to a new economic analysis released Tuesday. Such a tradeoff would result in reduced ethanol consumption, a drop in corn prices, and an effective cut of 5% …