An Analysis of the Renewable Fuel Standard’s RIN Market
API commissioned an analysis prepared by Covington & Burling to better understand the market behavior and consumer impacts of EPA’s proposed reforms. The report makes clear that the administration’s reform proposal for biofuels credits, known as Renewable Identification Numbers or RINs, under the Renewable Fuel Standard (RFS), both misdiagnose the problem and provide misguided and counterproductive cures.
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