September 29, 2015
Alex Jariv was sentenced Sept. 25 in federal court to 30 months in prison and three years of supervised release for his role in illegal schemes to generate and sell fake biodiesel credits. He is the third to be sentenced in this RIN fraud scheme.
September 21, 2015
The EPA issued Volkswagen a notice of violation Sept. 18 alleging that 2009-'15 four-cylinder Volkswagen and Audi diesels include software that circumvents EPA emissions standards for NOx. VW admitted the wrongdoing and apologized to its customers.
September 15, 2015
After a year-long investigation, the EU has extended duties on U.S. biodiesel, a move that the U.S. biodiesel trade association says is unfair. The decision comes at a time when U.S. biodiesel imports more than doubled from May to June.
September 11, 2015
According to University of Illinois economist Scott Irwin, a precipitous drop in biodiesel RIN prices, which outpaces the blend margin decline by more than two-fold, suggests that traders are banking on reinstatement of the biodiesel tax credit.
August 27, 2015
The defendants were all employees and officers of New Energy Fuels LLC, a business in Waller, Texas, that claimed to process animal fats and vegetable oils into biodiesel. The defendants subsequently relocated, operating a similar scheme in Ohio.
August 18, 2015
An independent public opinion poll commissioned by the IBB shows 76 percent of Iowa voters support expanding the RFS to increase biodiesel use. A majority of voters also said a presidential candidate's view on the RFS is important to their vote.
August 10, 2015
James Jariv was sentenced in a Las Vegas federal court to 10 years in prison Aug. 5 for his role in biodiesel RIN fraud. Nathan Stoliar of Australia was sentenced to two years in prison for his part. Alex Jariv also plead guilty in the scheme.
July 28, 2015
On July 27 the National Biodiesel Board called on the U.S. EPA to strengthen its proposal for biodiesel volumes under RFS. In extensive comments submitted to the agency on the pending RFS rule, NBB cited compelling benefits of increased production.
July 22, 2015
The Senate Finance Committee passed a tax extenders package that includes a two-year extension of the biodiesel tax credit. The committee also accepted an amendment that changes the incentive from a blenders credit to a production credit.