The Environmental Protection Agency is enlisting the help of the U.S. Commodity Futures Trading Commission to help it police the creation and trading of biofuel credits, an opaque $1 billion market that has seen cases of fraud.
The agencies said Thursday they signed a memorandum of understanding to share information. The accord also allows the CFTC to advise the EPA on investigations into potential fraud involving so-called Renewable Identification Numbers, or RINs.
