EPA's Absolute Commitment To Renewable Fuel Standards

Law360, New York (March 1, 2012, 12:50 PM EST) -- On Feb. 2, 2012, the U.S. Environmental Protection Agency (EPA) issued a notice of violation (NOV) of the Renewable Fuel Standard (RFS) to Absolute Fuels LLC, a company located in Lubbock, Texas.

The NOV alleges that between Aug. 31, 2010, and Oct. 11, 2011, Absolute Fuels generated over 48 million Renewable Identification Numbers (RINs) and that all of these RINs were invalid. This EPA action is likely to have a substantial impact on the overall RIN market and could be followed by related NOVs to other...
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