Tag: LCFS

Canadian refiners may be too slow to take up LCFS opportunity as US gears up

Canadian refiners may be too slow to take up LCFS opportunity as US gears up

October 5, 2020 |

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 […]

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CARB approves SCS Global Services for LCFS verification

CARB approves SCS Global Services for LCFS verification

May 14, 2020 |

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 […]

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Public comment period extended on Clean Fuel Standard for Puget Sound

Public comment period extended on Clean Fuel Standard for Puget Sound

January 11, 2020 |

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 […]

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Alaska Airlines endorses Low Carbon Fuel Standard

Alaska Airlines endorses Low Carbon Fuel Standard

January 11, 2020 |

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 […]

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California and Oregon LCFS credits break record highs

California and Oregon LCFS credits break record highs

November 19, 2019 |

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. […]

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GZ Energy to launch digital trading platform in Q4

GZ Energy to launch digital trading platform in Q4

September 21, 2019 |

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 […]

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Advanced Biofuels Canada says success of LCFS in British Columbia demonstrates how nationwide LCFS could work

Advanced Biofuels Canada says success of LCFS in British Columbia demonstrates how nationwide LCFS could work

July 18, 2019 |

In Canada, since implementing its renewable fuel standard (RFS) in 2010 and a low carbon fuel standard (LCFS) in 2013, the BC market has provided direct evidence to inform the question of how the federal clean fuel standard (CFS) may impact fuel prices. Unlike forward-looking CFS cost speculations, most of which rely on a large […]

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CARB data shows 100% LCFS compliance in 2018

CARB data shows 100% LCFS compliance in 2018

May 21, 2019 |

In California, new 2018 data from the California Air Resources Board (CARB) indicates that the Low Carbon Fuel Standard (LCFS) continues to drive production of a growing volume of cleaner transportation fuels for California consumers: to date almost 3.3 billion gallons of petroleum diesel have been displaced by clean, low-carbon alternatives. The 2018 data also shows fuel […]

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Benefuel to develop biodiesel plant in British Columbia on the back of expanded LCFS

Benefuel to develop biodiesel plant in British Columbia on the back of expanded LCFS

December 13, 2018 |

In Canada, Benefuel Inc. responded to British Columbia’s recently publicized climate change plan that included an expanded Low Carbon Fuel Standard by announcing Dec. 11 that it has begun a site search and discussions with interested parties on a few specific locations for Benefuel’s next state-of-the-art biodiesel facility. This announcement has assisted Benefuel in prioritizing […]

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EIA says renewable diesel making a major contribution to California’s transportation decarbonization

EIA says renewable diesel making a major contribution to California’s transportation decarbonization

November 13, 2018 |

In Washington, the Energy Information Administration says renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% of the total diesel supplied to California that quarter. The LCFS program, […]

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