EPA issues rulemaking to avoid RIN fraud

February 4, 2013 |

In Washington, the EPA has issued rules aimed at reducing scams and fraud related to the issuing and trading of Renewable Identification Numbers, or RINs. For RINs that have been verified according to an approved quality assurance plan (QAP), the proposed program would provide an affirmative defense against liability for civil violations under certain conditions for the transfer or use of invalidly generated RINs, and would specify both the conditions under which invalid RINs must be replaced with valid RINs, and by whom. The proposed program includes elements to encourage verification of RINs to occur at the beginning of 2013.

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