Exclusive: EPA aims to curb biofuel credit market speculation via five-pillared draft rule

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Exclusive: EPA aims to curb biofuel credit market speculation via five-pillared draft rule
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The U.S. Environmental Protection Agency's proposal to curb speculation in ...

FILE PHOTO: The U.S. Environmental Protection Agency sign is seen on the podium at EPA headquarters in Washington, U.S., July 11, 2018. REUTERS/Ting Shen

The proposed measures, sent to the White House for review on Monday, include requiring quarterly, instead of annual, retirement or sales of the credits – called Renewable Identification Numbers, or RINs – and blocking certain non-obligated parties from purchasing RINs.

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