Platts clarifies US biodiesel tax credit, RINs methodology

S&P Global Platts would like to clarify that its US biodiesel assessments reflect a 50:50 split of the biodiesel blender's tax credit between the buyer and seller.

Other splits of the credit may be normalized for assessment purposes, based on market feedback of the prevailing value of the credit, when the tax credit has lapsed and is yet to be renewed.

Platts would also like to clarify that the US biodiesel assessments, which reflect B100 biodiesel as defined by ASTM, reflect soy methyl ester (SME) with a D4 renewable identification number attached. Platts may normalize other specifications, such as B99 biodiesel or RIN-less biodiesel, for assessment purposes.

Please send all feedback and questions to americas_ags@spglobal.com and pricegroup@spglobal.com

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