Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole

treehugger.com 21 Dec '12, 8pm

Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole

You don't have to be Sherlock Holmes to figure out that there's something going on if a train crosses the US-Canada border 12 times back and forth (24 times across the line) without unloading its cargo. The CBC in Canada looked into it, and they discovered that a Toronto-based company was behind this strange behavior, making several million dollars importing and exporting biodiesel to exploit a loophole in a U.S. green energy program.Here's the CBC's segment on it: Renewable identification numbers (RINs) are credits set up by the EPA to "promote and track production and importation of renewable fuels such as ethanol and biodiesel." They are valuable because if an oil company doesn't have enough, it can buy them from others. In this case, the fraudsters... Bioversel Trading hired CN Rail to import tanker loads of biodiesel to the U.S. to generate RINs, which are valuable in...

Full article: http://www.treehugger.com/renewable-energy/biodiesel-trai...

Tweets

@Energy_Mobile » 08 Jan '13, 6pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole | @TreeHugger [link] Credit accounting on rails!
@SocialStoryIN » 06 Jan '13, 10am
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit #Biofuel Loophole [link] #socent
@AmbientDM » 30 Dec '12, 1pm
Green Crooks - Find Loophole in EPA - RIN "Green Credits" [link]
@DrewSample » 23 Dec '12, 9pm
RT @aquafarming: Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link] #Energy
@BasuAshis » 23 Dec '12, 7pm
And no one checked! RT @TreeHugger: Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link]
@sustaintextiles » 23 Dec '12, 6pm
“@TreeHugger: Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link]” #biofuelworks
@algaebiofuels » 22 Dec '12, 4pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link] - That's a lo... [link]
@Zwiespaeltig » 22 Dec '12, 10am
RT @Medevac71: Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole : TreeHugger [link] via @TreeHugger
@jpgseva » 21 Dec '12, 10pm
#ecology Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link] by @TreeHugger
@Estelle_GKBCInc » 21 Dec '12, 10pm
New post: Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link] via @TreeHugger
@GreenSAHM » 21 Dec '12, 10pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole: You don't have to be Sherlo... [link] #eco
@Pixel51 » 21 Dec '12, 9pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit US Biofuel Loophole : TreeHugger [link] via @TreeHugger
@EcoDesignerHome » 21 Dec '12, 9pm
Eco Design ideas: Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link]
@jzoni » 21 Dec '12, 9pm
"Biofuels" nonsense, revisited for the thousandth time: [link]
@GroenWerkt » 21 Dec '12, 8pm
#trhug Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole #mlfeeds: You don't have t... [link]
@stirlingboy » 21 Dec '12, 8pm
#You don't have to be Sherlock Holmes to figure out that there's something going on if a train crosses the... [link] #green
@ukcycles » 21 Dec '12, 8pm
You don't have to be Sherlock Holmes to figure out that there's something going on if a... [link] #Energy #teamfollowback
@GreenAsUWannaB » 21 Dec '12, 8pm
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@kaytaa » 21 Dec '12, 8pm
RT @TorontoEco: Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link]
@NevvusPowergard » 21 Dec '12, 8pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole: You don't have to b... [link] green energy
@SimounLaonglaan » 21 Dec '12, 8pm
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@greennashville » 21 Dec '12, 8pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole: You don't h... [link] [link]
@SPLENDIDPROJECT » 21 Dec '12, 8pm
[Tree Hugger] Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole: You d... [link] #Environment
@GoGreenandHelp » 21 Dec '12, 8pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole: You don't have to be Sherlock Ho... [link]
@Michael_GR » 21 Dec '12, 8pm
Crooks took a train of biodiesel across the US-Canada broder 24 times to exploit a biofuel loophole [link]
@ecoelectrons » 21 Dec '12, 8pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole [link]
@newgreenworld » 21 Dec '12, 8pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole: You don't have to be Sherlock Ho... [link]
@helpmeGreen » 21 Dec '12, 8pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole: You don't have to be Sherlock Ho... [link]
@moneyflower » 21 Dec '12, 8pm
Biodiesel Train Crossed US-Canada Border 24 Times to Exploit Biofuel Loophole: You don't have to be Sherlock Ho... [link]