US biofuel credit (RIN) prices rose on Monday after a federal appeals court threw out three Renewable Fuel Standard (RFS) compliance waivers issued by the EPA, arguing the agency exceeded its statutory authority and did not properly assess refiners’ financial hardships.
RFS Market: RIN prices rise as court vacates three US biofuel programme waivers
US biofuel credit (RIN) prices rose on Monday after a federal appeals court threw out three Renewable Fuel Standard (RFS) compliance waivers issued by the EPA, arguing the agency exceeded its statutory authority and did not properly assess refiners' financial hardships.
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