RINs don’t have to be complicated.
But it sure helps the opponents of the Renewable Fuel Standard (RFS) if people think they are.
Over the past nine months, Big Oil and its apologists have elevated the lowly RIN – an acronym for Renewable Identification Number - to near super-villain status, citing high RIN prices as “proof” that the RFS has to be scrapped. Big Oil has even spent money to put a scary cartoon on one of their dozen or so “it’s not really us” websites, featuring a snarling Uncle Sam trying to convince us all that we should be afraid of these mysterious RINs.
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