by Ayesha Rascoe (Reuters) * Company registered with EPA sold fake credits * Exxon, Shell, others cited for using invalid credits * Trading firm says EPA did not do due diligence A trading company ensnared in the fallout from massive fraud uncovered in
RINs (Renewable Identification Numbers)
Back TO HOMEEcoEngineers Announces the Launch of New RIN Indices
(EcoEngineers) EcoEngineers expands into the business of providing RIN pricing data and forms EcoEngineers Indexing Services LLC to better serve biofuel markets. EcoEngineers Indexing Services LLC is an independent, highly-focused indexing company concentrating solely on providing the biofuels sector with reliable
April 20, 2012 Read Full Article
National Biodiesel Board Introduces First Phase of RIN Solution
by Ron Kotrba (Biodiesel Magazine) The first phase of the National Biodiesel Board’s measures to help restore integrity to the renewable identification number (RIN) credit market was established yesterday after NBB held a town hall meeting with its members to
March 14, 2012 Read Full Article
National Conference Pinpoints Latest Industry Issues
by Ron Kotrba (Biodiesel Magazine) Upholding RFS2, RIN integrity and expanding mandate lead discussions The National Biodiesel Conference & Expo took place Feb. 5-8 in Orlando, Fla., where the industry’s latest challenges were laid out: defending the renewable fuel standard (RFS2); restoring
March 02, 2012 Read Full Article
Biodiesel RIN Task Force Set, First Meeting Scheduled for Feb. 28
by Ron Kotrba (Biodiesel Magazine) Earlier this month, at the National Biodiesel Conference in Orlando, Fla., National Biodiesel Board CEO Joe Jobe said he and NBB chairman Gary Haer were establishing a task force, comprised of representatives from the U.S.
February 29, 2012 Read Full Article
Petroleum Representatives Candidly Express Contempt for RFS2
by Ron Kotrba (Biodiesel Magazine) A panel of petroleum trade association representatives gathered together for the National Biodiesel Conference’s opening general session on Feb. 6. While the group consisted of five oil association representatives, several of whom are outspokenly partial
February 08, 2012 Read Full Article
Oil Refiners and Biofuels: 2012 to Feature Fight over RFS, Cooperation on RIN Fraud
by Jim Lane (Biofuels Digest) ...In Florida, the National Biodiesel Conference — biodiesel’s grandest show — opened with exuberance over 2011 results, and resolve to meet the industry’s two major issues in 2012, defense of the Renewable Fuel Standard, and
February 07, 2012 Read Full Article
Republicans to Investigate EPA Handling of Renewable-Fuel Rules
by Mark Drajem (Bloomberg) The House Energy and Commerce Committee said it will investigate the actions of the Environmental Protection Agency in combating fraud in the renewable-fuels program. The EPA discovered that fuel credits, which can be traded, are being fraudulently
February 06, 2012 Read Full Article
Lee Enterprises Consulting Launches New RIN Verification Program
by Wayne Lee (Biodiesel Magazine/Lee Enterprises Consulting) Lee Enterprises Consulting announced a first-of-its-kind RIN verification program on Jan. 31, known as RIN 9000, to assist biodiesel blenders, producers and obligated parties in verifying the validity of RINs being sold or
February 01, 2012 Read Full Article
Golden Possibilities: Corn Oil Forges a Link between Ethanol and Biodiesel Production
by Holly Jessen (Ethanol Producer Magazine) Ethanol producers are adding corn oil extraction to their technology arsenal in increasing numbers, providing an ideal opportunity for the ethanol and biodiesel industries to cooperate or even co-locate. On the cooperation side, the
January 16, 2012 Read Full Article
Regulation of Fuels and Fuel Additives: Identification of Additional Qualifying Renewable Fuel Pathways Under the Renewable Fuel Standard Program
(US Environmental Protection Agency) EPA is issuing a direct final rule identifying additional fuel pathways that EPA has determined meet the biomass-based diesel, advanced biofuel or cellulosic biofuel lifecycle greenhouse gas (GHG) reduction requirements specified in Clean Air Act section
January 09, 2012 Read Full Article
News You Can Use: 5 Biofuels Reports Worth Getting Now
by Jim Lane (Biofuels Digest) ...1. The USDA’s crop land report. What: An in-depth analysis of U.S. land use patterns released this week by the U.S. Department of Agriculture shows total cropland decreased by 34 million acres from 2002 to 2007,
December 23, 2011 Read Full Article
2100 CAAFI General Meeting Presentations Available Online
Presentations delivered by the various panel members are available on the CAAFI Expo website. READ MORE Business Team RIN Compliance and D-Code Pathway Definitions (PDF) - Luce Business Team Panel Discussion Elements of Alternative Fuels - Business Case Analysis (PDF)- John Rau Biofuels Financing
December 22, 2011 Read Full Article
Hart Energy Report Suggests Blend Wall Could Drive up RIN Prices
by Kris Bevill (Ethanol Producer Magazine) The anticipated saturation of the U.S. ethanol market could have interesting implications for the future renewable identification numbers (RINs) market, according to a report recently released by Hart Energy. The report, which offers advice
December 22, 2011 Read Full Article
Firm Says it Was Sold Phony Fuel Credits
(Courthouse News Service) A fuel distributor claims two companies sold it millions of "fraudulently created, and thus invalid" renewable fuel identification numbers. RIN numbers are part of the U.S. EPA's Renewable Fuel Standard program, to encourage use of renewable fuels. ...Vinmar
November 17, 2011 Read Full Article
Companies Cited by EPA for Fake Biofuel Credits
by Ayesha Rascoe (Reuters) ...The EPA has issued 24 notices of violation to more than a dozen companies, including units of Royal Dutch Shell, Exxon Mobil and Morgan Stanley, for the use of invalid renewable identification numbers, or RINs, according
November 16, 2011 Read Full Article
Biofuel Flights Signal Demand From U.S. Airlines
by Graham Warwick (Aviation Week) As airlines launch the first commercial biofuel flights in the U.S., the government is working with industry to scale up production of biomass-derived jet fuel to commercial quantities beginning in 2012. Following the lead set by
November 14, 2011 Read Full Article
USDA ERS Report Offers RIN Price Outlook for Coming Decade
by Kris Bevill (Ethanol Producer Magazine) The USDA Economic Research Service has released a 24-page report offering an overview of renewable identification numbers (RINs) and outlining how the RIN market works in relation to the renewable fuel standard (RFS). The report’s
November 10, 2011 Read Full Article
EPA May Deem More Biodiesel RINs as Invalid over Alleged Fraud: Lawyer
(Platts) The US Environmental Protection Agency may end up deeming more biodiesel renewable identification numbers (RINs) as invalid following federal investigations into two companies that allegedly sold RINS without producing the appropriate volumes of biodiesel, a lawyer familiar with the
November 10, 2011 Read Full Article
Closed Bio-Fuel Firm Tried, Failed at Making Own Product
by Walt Nett (Avalanche-Journal/LubbockOnline) Absolute Fuels tried twice to make biodiesel, but lost money the first time around and couldn’t produce usable fuel the next time, according to information in federal affidavits filed in connection with search and seizure warrants
November 03, 2011 Read Full Article
Gauging 2012 Volumes: Will RINs Prove that the RFS Needs Modifying?
by Kris Bevill (Ethanol Producer Magazine) ...By Nov. 30, the U.S. EPA will issue its renewable fuel standard (RFS) volumes for the upcoming year and, once again, it will dramatically ratchet down the cellulosic biofuels category. ...No matter what end of
November 02, 2011 Read Full Article
What’s the Buzz? The 10 hottest topics in biofuels right now.
by Jim Lane (Biofuels Digest) ... But here are 10 themes that are shaping up to be the Buzz of the conference. 1. RFS. Hold or Fold? 2. Can Obama find the $510 million? 3. Elections. 4. Fuels, or chems, or something else? 5.
November 02, 2011 Read Full Article
EPA Approves Canadian Renewable Biomass for RFS2
by Luke Geiver (Biodiesel Magazine) After roughly seven months of thorough consideration and review, the U.S. EPA has approved a petition put forth by the government of Canada to allow renewable biomass grown in Canada to comply with the Renewable
October 05, 2011 Read Full Article
Maryland Man Charged with Fraud in Renewable Fuel Scheme
(GreenMuck.com) A criminal information was filed today charging Rodney R. Hailey, age 33, of Perry Hall, Maryland, with wire fraud, money laundering and a violation of the Clean Air Act, in connection with a scheme in which he allegedly sold $9
October 04, 2011 Read Full Article
New 100 mgy Renewable Diesel, Jet Project: Imperium Renewables CEO John Plaza
by Jim Lane (Biofuels Digest) ...(Imperium CEO John) Plaza said that the company would remain committed to its biodiesel business, which has been profitable since Q4 2009 and is running at near-capacity, but was unlikely to expand because of the
October 04, 2011 Read Full Article
EcoEngineers Warns Against RINs Fraud and Proposes Best Management Practices
(EcoEngineers) The EPA is out to prosecute cases of RIN fraud. They have launched a national initiative to investigate irregularities in RIN generation, separation or transfers. Of particular interest are cross border trade in fuel and feedstock, tracing fuel in
September 29, 2011 Read Full Article
Fulcrum Bioenergy’s $115M IPO: The 10-Minute Version
by Jim Lane (Biofuels Digest) The first zero-cost feedstock biofuels company comes to the public markets with its IPO. ...Fulcrum becomes the 12th company to file for an IPO in the industrial biotech boom, which began with a successful listing on
September 26, 2011 Read Full Article
Mandate Emerges as Ethanol’s Sacred Cow
by Amy Harder (National Journal) ...By year's end, the congressional “super committee” charged with reducing the federal deficit likely will topple the $6 billion in annual ethanol industry tax credits and a corresponding government tariff on imported ethanol. But another prong
August 11, 2011 Read Full Article
Who’s on the List? The U.S. EPA Pegs a Handful of Cellulosic Producers to Contribute to Next Year’s RFS Goal
by Kris Bevill (Ethanol Producer Magazine) In June, the U.S EPA issued its proposal to reduce the coming year’s cellulosic biofuels volume target for the renewable fuel standard (RFS). The RFS goals set by Congress in 2007 call for increasing
August 04, 2011 Read Full Article
Diversifying The Ethanol Industry With Biodiesel
by Joanna Schroeder (DomesticFuel.com) ...A new option for the ethanol industry to diversify is to add a biodiesel plant to the end of its corn oil extraction technology. This idea lends itself one step closer to a true biorefinery. ...(A) 100 million
July 20, 2011 Read Full Article
REG Files for $100M IPO: The Complete Digest Analysis
by Jim Lane (Biofuels Digest) ...A successful IPO would cap a remarkable comeback for biodiesel from the depths of “The Troubles” in 2008-09. It’s a second time through for REG: the company filed for a $150 million IPO in 2007,
July 19, 2011 Read Full Article
Advanced Biofuels Leader Tells Senate Committee Consistency Is Key
(Advanced Biofuels Association) A consistent commitment by Congress that avoids the ups and downs of public opinion will be crucial to the success of transforming America's energy policy to cleaner and renewable sources, that's what Michael McAdams, president of the
April 13, 2011 Read Full Article
RIN-Tin-Tin: Will the RINs Mechanism Save the Day, Power Biofuels to New Heights?
by Jim Lane (Biofuels Digest) ...RINs- those pesky Renewable Information Numbers that have so many digits they give 140-character tweets on Twitter a run for their money. The bar code of biofuels – the thing that virtually no one understands,
February 08, 2011 Read Full Article
Biodiesel RIN Prices Trend Higher
by Erin Voegele (Biodiesel Magazine) Although the U.S. biodiesel industry has struggled since the lapse of the $1 per gallon tax credit, renewable identification number (RIN) prices are currently trading high enough to fill that void. One factor that seems to
December 13, 2010 Read Full Article
Cellulosic Ethanol Support Lags Ambitions
by Naureen S. Malik (Dow Jones Newswires) Makers of cellulosic ethanol warn that ambitious U.S. government goals to significantly boost production of the technologically advanced fuel over the next 12 years won't be met without stronger backing from Washington. ...industry executives
March 02, 2010 Read Full Article
Clean Fuels Clearinghouse Publishes White Paper and Basic Briefings on RFS and RINs
by Clayton McMartin(Clean Fuels Clearinghouse) To say the RFS2 rule is complex would be a huge understatement. In reality this rule is much more complex than RFS1. Recognizing this, and the fact that thousands of companies throughout the industry will need
March 01, 2010 Read Full Article
RINs Improved as Part of RFS2
by Holly Jessen (Ethanol Producer Magazine) The U.S. EPA has come up with a new system for renewable identification number (RINs) that should be easier to use as well as cut down on the possibility of human error. ...Tony Miller,