In Washington, Bloomberg reports that the biofuels industry that was once wary about the Low Carbon Fuel Standard in California that then spread northward all the way to British Columbia is now seen as a key opportunity for keeping the industry in business. The question now becomes how quickly those state-level policies can be rolled […]
As hot as John Travolta was in the ‘70s, an even hotter report from Jonn Axsen, Director of Sustainable Transportation Action Research Team and Michael Wolinetz at Navius Research is slamming California’s Legislative Analyst’s Office 2018 Low Carbon Fuel Standard report that had recommended the legislature rely more on the cap-and-trade policy instead of an […]
In California, Platts reports that SAF has lost some of its sparkle when it comes to garnering Low Carbon Fuel Standard credits, valued at just $1.0516/gal on Nov. 5 compared to nearly $1.425/gal previously. The fall in value is a result of a sharp increase in the carbon intensity of the fuels produced during Q2, […]
In Minnesota, Governor’s Council on Biofuels has given Gov. Tim Walz its consensus report on the steps needed to grow Minnesota’s biofuels industry and get the state back on track to meet renewable energy goals. Walz charged the 15-member council to recommend policies to accelerate achievement of Minnesota’s biofuels and greenhouse gas reduction goals. The […]
In Canada, Reuters reports domestic oil refiners are pushing back against plans to decarbonize transportation with the proposed low carbon fuel standard while US refiners who are investing heavily in renewable diesel transitions are looking at opportunities north of the border. Canada’s Suncor Energy had previously announced a project to produce renewable diesel before the […]
In California, SCS Global Services is now approved by the California Air Resources Board (CARB) as a verification body for the Low Carbon Fuel Standard (LCFS). The goal of the LCSF is to reduce the carbon intensity of California’s transportation fuel pool. The program also provides a range of low-carbon and renewable alternatives ultimately reducing […]
In Washington, the Puget Sound Clean Air Agency extended the public comment period to February 10th (originally January 6th) to provide more opportunities for input on their draft regional Clean Fuel Standard to help meet their target of 50% GHG pollution below 1990 levels by 2030. The Clean Fuel Standard would apply to transportation fuels […]
Washington State’s Clean Fuels Program Takes to the Skies with Alaska Airlines In Washington, a big endorsement for the Low Carbon Fuel Standard from Alaska Airlines – the first time a major airline endorses the LCFS. As a major employer in Seattle – its headquarters location – Alaska Airlines’ support for low carbon fuel policy […]
In California, the Financial Times reports that the state of California reported last week prices for its Low Carbon Fuel Standard credits soared to record highs in September and October to more than double the level seen two years ago while credits in Oregon September credits were nearly four times the level of two years. […]
In Maryland, physical commodities brokerage GZ Energy, LLC plans to launch its digital trading platform, GZX, in October. GZX will provide renewable fuel market participants with a means to discreetly trade separated (K2) Renewable Identification Numbers (RINs), California Low Carbon Fuel Standard (LCFS) credits, and Oregon Clean Fuels Program (CFP) credits without the participation of […]
