Much of the focus within the Renewable Fuel Standard is on corn ethanol and the 15-billion-gallon conventional biofuel mandate. But less critically examined in this policy administered by the Environmental Protection Agency is the mandate for advanced biofuels, including biodiesel.
AFPM's Alex Adams talks with Doug Parker, the head of E&W Strategies and a former head of EPA's Criminal Investigation Division, about the failings of the RIN market that allows this fraud to take place - and how changing the point of obligation can tackle this.
Good morning Chairman Whitfield, Ranking Member Rush, and members of the Subcommittee. I appreciate the opportunity to testify before you today.
Last week, reports emerged of another alleged case of RIN fraud.
The recent May 29 EPA proposal to set RFS rules for 2014, 2015 and 2016 has again reminded everyone of the complexity and confusion surrounding this legislation – and nowhere is that confusion more apparent than when the RFS discussion centers on the blend wall.