LCFS Market: California futures notch another monthly volume record
A record amount of California Low Carbon Fuel Standard (LCFS) futures have already traded on ICE just over halfway through April, marking the second consecutive month to set an all-time high.
Read MoreUPDATE: Washington LCFS bill tied up in transportation package discussions
Washington’s proposed low-carbon fuel standard (LCFS) hit a snag this week as state legislators failed to advance the bill out of a Senate committee, but lawmakers are exploring other avenues to move the programme forward.
Read MoreCORRECTION: LCFS Market: California prices continue slide after hard cap proposal
California Low Carbon Fuel Standard (LCFS) credit prices continued their month-long slide this week after regulator ARB floated a price ceiling for transactions in the programme.
Read MoreCalifornia considers LCFS price ceiling, advance crediting system
California regulator ARB is proposing to establish a “firm maximum” price for Low Carbon Fuel Standard (LCFS) credits and an advance crediting mechanism to bolster the programme’s existing cost containment provisions, officials said at a workshop on Friday.
Read MoreUS EPA still waiting on RFS waiver recommendations for 2018
The US Department of Energy (DOE) has not delivered its recommendations on which small refiners should receive compliance waivers under the Renewable Fuels Standard (RFS), and the EPA is likely to grant those exemptions on a “rolling basis” once the agency has received them, Administrator Andrew Wheeler said Tuesday.
Read MoreNew Oregon cap-and-trade amendment seeks to cancel LCFS
An Oregon state senator introduced an amendment Monday to the proposed WCI-modelled carbon market bill that would nix the state’s low-carbon fuel standard (LCFS) to avoid overlapping emission reduction policies.
Read MoreUS RFS stakeholders hit back at proposed biofuel credit reforms
Renewable Fuels Standard (RFS) programme advocates offered a litany of complaints Thursday about the US EPA’s plan to implement a series of restrictions on biofuel credit trading, while others felt the agency should go further in those potential measures.
Read MoreCORRECTION: LCFS Market: California prices slide heading into compliance deadline
California Low Carbon Fuel Standard (LCFS) credits took a step back this week as entities looked to complete purchases ahead of this week’s carryback compliance deadline.
Read MoreUS Carbon Pricing Roundup for week ending Mar. 22, 2019
A summary of legislative action on carbon pricing and clean energy bills at the US state level taken this week, including Colorado legislation to implement formal GHG targets, a court case on Washington state’s blocked Clean Air Rule, and a California bill to pursue aggregated offset project methodologies in the state’s carbon market.
Read MoreCalifornia’s ARB to discuss possible cost containment amendments for LCFS next month
California regulator ARB will hold a public hearing on Apr. 5 to consider possible amendments to the cost containment provisions of the state’s Low Carbon Fuel Standard (LCFS), with the aim of keeping prices below the yearly Credit Clearance Market rate.
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