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12 Oct '12, 2pm

How a Green Fuel Turned Slimy: Some start-ups found loopholes in a program that allowed refiners to meet biodies...

October 12, 2012, 10:13 am How a Green Fuel Turned Slimy By MATTHEW L. WALD Matt Roth for The New York Times Gary L. Miller of White Marsh, Md., near the garage where his neighbor, Rodney R. Hailey, claimed to be running a biodiesel operation. No production existed, and Mr. Hailey is now awaiting sentencing on a fraud conviction. How did the oil industry and the Environmental Protection Agency end up with a system for tracking the production of biodiesel that was vulnerable to fraud? As I report in The Times , the agency is working on new rules to rescue the program after a yet-to-be-determined number of swindlers manufactured more than100 million credits tied to the manufacture of biodiesel that did not actually exist. This was possible, it appears, because the structure of the market for “RINs,” or renewable identification numbers, is fundamentally different from the mar...

Full article: http://green.blogs.nytimes.com/2012/10/12/how-a-green-fue...

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Green Blog: How a Green Fuel Turned Slimy: Some...

green.blogs.nytimes.com 12 Oct '12, 2pm

October 12, 2012, 10:13 am How a Green Fuel Turned Slimy By MATTHEW L. WALD Matt Roth for The New York Times Gary L. Mille...

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greenbiz.com 12 Oct '12, 1pm

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greenroofs.com 12 Oct '12, 1pm

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hybridcars.com 12 Oct '12, 6pm

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