RINs market awaits Washington in 2019

The market for Renewable Identification Numbers looked for relief in 2019 after a tumultuous 2018.

Uncertainty over the nation's renewable fuel policy created a volatile market for RINs, the credits used by refiners and fossil fuel importers to prove compliance with federal renewable fuel blending mandates. Whether that happens will depend on the decisions and actions of the US Environmental Protection Agency.

By Wesley Swift, S&P Global