Houston — Ethanol RINs generated in October grew by 47.71 million RINs, or 3.92%, to 1.265 billion RINs, Environmental Protection Agency data showed Friday.
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October biomass-based diesel (D4) RINs rose 4.33 million RINs, or 1.76%, to 251.19 million RINs generated.
Meanwhile, advanced biofuel (D5) RIN generation decreased by 12.38 million RINs, or 50.26%, to 12.26 million RINs generated.
Cellulosic biofuel (D3) RINs generated fell by 279,000 RINs, or 2.27% to 12,037,717 RINs.
Total RINs generation was at 1.54 billion RINs, up 39.38 million RINs, or 1.9% from September, and 9.9% higher than October 2014.
The EPA issues RINs to track renewable fuel usage throughout the supply chain. Refiners, importers and blenders -- called obligated parties -- use them to show the EPA that they have fulfilled their mandated government use of renewable fuels. If the obligated party has not used enough physical product, it can buy RINs to satisfy the quota.