Fuels Advisory: Fraud Investigation Shakes Renewable Fuels Market

This advisory discusses implications from fraud allegations leveled against two renewable fuel producers and the subsequent Congressional inquiries into the Renewable Fuels Program. As a result, we expect the U.S. Environmental Protection Agency to increase inspections of Renewable Fuels Program renewable identification numbers and step up enforcement in that area. In response, we expect purchasers to demand greater supplier accountability and auditing measures in renewable identification number (RIN) transactions.