House GOP Bill Targets Renewable Fuel Program Fraud

Law360, New York (September 21, 2012, 3:33 PM EDT) -- Two Republican members of the U.S. House of Representatives on Thursday introduced a bill aimed at reducing fraud in the U.S. Environmental Protection Agency’s program for ensuring fuel producers comply with renewable fuel standards.

Reps. Pete Olson, R-Tex., and Marsha Blackburn, R-Tenn., said some producers were being penalized for the fraud of others when they unwittingly purchased renewable fuel credits that were actually fake. Issued under the Renewable Idenfitication Numer program, the credits are called RINs. The Stop RIN Fraud Act of 2012, H.R. 6444, would...
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