What happens if, after submitting his annual compliance demonstration report, a refiner discovers that he exceeded the 20% cap on the use of previous-year RINs in meeting his RVO? Is he required to replace those RINs with new valid RINs at the old market
See More Frequent Questions about Fuels Registration, Reporting, and Compliance Help. Annual compliance demonstrations must include a showing that the RINs used to comply with the RVO include no more than 20% previous-year RINs. If it is determined that this showing was incorrect due to either a mathematical error or…