EPA’s RFS reform proposal tied with E15 rules seeks to increase transparency in RIN market

In Washington, Reuters reports that the Environmental Protection Agency plans to improve transparency in the RIN market including publicizing large volume trades, prohibiting speculators such as banks and other financial institutions from participating in the market and improving overall price transparency. The plan to eliminate hoarding of RINs would see the EPA publish any time a company holds more than 120% of its RIN obligation. The proposal was submitted to the White House on Monday as part of the package that would see E15 sold year-round.

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