In Kentucky, Genscape has been selected as the first service provider to be preregistered under the U.S. EPA’s quality assurance plan (QAP) program for A-RIN and B-RIN assurance. The EPA rule protects obligated parties that retire A-RINs and B-RINs against civil liability for future RINs invalidity and does not require parties to replace invalid A-RINs. The EPA QAP requires the provider to have a financial backstop for replacing A-RINS if they become invalid in the future. DMGT, Genscape’s parent company, will act as the financial RIN replacement service.
Category: Fuels