Oil Industry Offers General Support For Renewable Fuels Credit Verification

摘要

Petroleum industry groups "generally support" an Environmental Protection Agency proposal to establish a voluntary verification program for renewable fuel credits despite some concerns, the American Petroleum Institute and the American Fuel & Petrochemical Manufacturers said in joint comments submitted-April 18. According to the trade groups, the agency's proposed Renewable Identification Number (RIN) Quality Assurance Program would help combat fraud in the renewable fuel credit market and would help provide a legal defense for parties who unknowingly purchase invalid RINs.