RIN Fraud - What does it mean for Biodiesel Producers?

Posted by Ed Burke on May 1, 2012 3:32:00 PM

I wrote an article in March's issue of Oil & Energy Magazine adressing the issue of RIN Fraud and the impact the EPA crackdown on the fraud is having in the biodiesel world.

Ironically, 2011 was a pretty great year in a lot of ways for biodiesel and biodiesel producers - production was up, green jobs were being created, we were making progress. RIN Fraud hitting the news late in the year really shook things up however, understandably, considering the fines and penalties at play and the difficulty facing smaller firms currently who have legitimate RIN credits to trade and are facing a marketplace full of cautious (at best) buyers.

Long story short, there have certainly been ripples throughout the industry over the fraud, with more to come likely. It will be interesting to see how it all shakes out.

 You can read the full article in pdf format by clicking here 

Topics: Oil & Energy Magazine, Biodiesel Massachusetts, Biodiesel, RINs

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