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US EPA issues five more RFS waivers as new submissions mount

Published 21:56 on March 14, 2019  /  Last updated at 22:36 on March 14, 2019  /  Americas, RINs & LCFS, US  /  No Comments

The US EPA announced Thursday that it had granted five more compliance waivers under the Renewable Fuels Standard (RFS), while rumours of more decisions to come in the near future exerted additional bearish pressure on biofuel credit prices.

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CORRECTION: LCFS Market: Trade in California futures picks up after dearth of activity

Published 17:23 on March 14, 2019  /  Last updated at 22:18 on April 13, 2019  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) futures contracts experienced a shot in the arm over the past week as several spread trades occurred, leaving market participants to ponder the reasons for the new activity.  

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Washington state legislature sends LCFS bill on to Senate

Published 19:40 on March 13, 2019  /  Last updated at 21:37 on March 13, 2019  /  Americas, Carbon Taxes, RINs & LCFS, US  /  No Comments

Washington state representatives have approved a bill to implement a low-carbon fuel standard (LCFS), moving the proposal to the Senate where it faces a more uncertain future.

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US EPA proposes restrictions on biofuels credit trading under RFS

Published 21:44 on March 12, 2019  /  Last updated at 22:12 on March 12, 2019  /  Americas, RINs & LCFS, US  /  No Comments

The US EPA on Tuesday released a long-awaited proposal to allow year-round sales of 15% ethanol blends (E15) and limit trade in biofuel credits under the federal Renewable Fuels Standard (RFS), with several stakeholders panning the latter measure.

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Washington state ETS bill to skirt this week’s legislative deadline

Published 19:49 on March 12, 2019  /  Last updated at 19:49 on March 12, 2019  /  Americas, Carbon Taxes, RINs & LCFS, US  /  No Comments

A Washington state proposal to implement a WCI-modelled cap-and-trade programme will not be subject to Wednesday’s cut-off in the legislature and will likely have a public hearing in the coming weeks, a government spokesperson told Carbon Pulse.

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Washington state lawmakers still deciding on LCFS vote ahead of looming deadline

Published 21:37 on March 11, 2019  /  Last updated at 21:37 on March 11, 2019  /  Americas, RINs & LCFS, US  /  No Comments

Washington state representatives are currently deciding if a proposal to implement a low-carbon fuel standard (LCFS) will be put to a floor vote or extended ahead of a deadline this week, a legislative spokesperson told Carbon Pulse.

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Washington state ETS bill introduced as rival CO2 tax proposal clears senate committee

Published 16:55 on March 8, 2019  /  Last updated at 17:30 on March 8, 2019  /  Americas, Canada, Carbon Taxes, RINs & LCFS, US  /  No Comments

A Washington state senator formally introduced a cap-and-trade bill this week that would allow for a linkage with the WCI programme, while a separate $15 carbon tax proposal advanced in the upper chamber.

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US EPA overlooked profitability criteria in granting biofuels credit waivers, lawsuit says

Published 23:02 on March 7, 2019  /  Last updated at 23:21 on March 7, 2019  /  Americas, RINs & LCFS, US  /  No Comments

The US EPA made an unannounced and fundamental change to its methodology used to grant compliance waivers under the federal Renewable Fuels Standard (RFS) that allowed for an increasing number of companies to receive exemptions to the biofuels credit market, a new court filing alleges.

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Maine expected to join regional transportation carbon pricing programme as New York waits

Published 21:40 on March 1, 2019  /  Last updated at 22:59 on March 1, 2019  /  Americas, RINs & LCFS, US  /  No Comments

Maine is expected to sign onto the Transportation and Climate Initiative (TCI) shortly, as the programme ramps up work to regulate fuel sector emissions in the US northeast and Mid-Atlantic region, numerous sources told Carbon Pulse.

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Oregon LCFS upheld again as another court dismisses challenge

Published 23:13 on February 27, 2019  /  Last updated at 23:13 on February 27, 2019  /  Americas, RINs & LCFS, US  /  No Comments

The Oregon Court of Appeals on Wednesday upheld the state’s Clean Fuels Program (OCFP) after an industry trade group had argued that a regulatory agency improperly implemented the low-carbon fuel standard several years ago.

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