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LCFS Market: California volume transacted jumped 50% in 2018

Published 22:10 on January 11, 2019  /  Last updated at 00:12 on January 12, 2019  /  Americas, RINs & LCFS, US  /  No Comments

The amount of California Low Carbon Fuel Standard (LCFS) credits transferred increased by 50% last year, as December set new records for average prices and total volume transacted, according to state data.

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Washington state LCFS bill unveiled as report says higher GHG target acheivable

Published 23:25 on January 10, 2019  /  Last updated at 23:29 on January 10, 2019  /  Americas, RINs & LCFS, US  /  No Comments

A Washington state representative introduced a new low-carbon fuel standard (LCFS) proposal on Thursday, as a separate study argued lawmakers can aim for a higher carbon intensity (CI) reduction target than the goal outlined in that bill.

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Industry takes Oregon Clean Fuels Program appeal to US Supreme Court

Published 21:18 on January 10, 2019  /  Last updated at 21:25 on January 10, 2019  /  Americas, RINs & LCFS, US  /  No Comments

Several fossil fuel and business trade groups are asking the US Supreme Court to review a lower court’s ruling last year that upheld the Oregon Clean Fuels Program (OCFP), arguing that the clean fuel standard illegally regulates interstate commerce.

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LCFS Market: California prices drop in wake of PG&E bankruptcy fears

Published 19:45 on January 7, 2019  /  Last updated at 21:56 on January 7, 2019  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) prices have slid in recent days after reports surfaced that utility PG&E was exploring a possible bankruptcy filing if found liable for a devastating wildfire last year.

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UPDATE – California’s OAL approves re-submitted, modified LCFS amendments

Published 16:40 on January 4, 2019  /  Last updated at 04:13 on January 5, 2019  /  Americas, RINs & LCFS, US  /  No Comments

The California Office of Administrative Law (OAL) approved the state’s Low Carbon Fuel Standard (LCFS) rulemaking package late Friday and granted the state’s request for early effectiveness. 

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California withdraws LCFS amendments prior to final review

Published 22:10 on January 3, 2019  /  Last updated at 14:23 on January 4, 2019  /  Americas, RINs & LCFS, US  /  No Comments

California’s ARB withdrew its Low Carbon Fuel Standard (LCFS) amendments from the Office of Administrative Law (OAL) this week for an undisclosed reason, ahead of the regulation’s final approval and implementation.

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INTERVIEW: BC not ruling out offsets, tradable component under industry benchmark programme -Heyman

Published 23:25 on December 20, 2018  /  Last updated at 23:34 on December 20, 2018  /  Americas, Canada, RINs & LCFS, US, Voluntary Market  /  No Comments

British Columbia is not ruling out a tradable component or the use of offsets in its carbon intensity benchmark programme for heavy industry, the province’s environment minister told Carbon Pulse.

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Canada further relaxes OBPS benchmarks, announces clean fuel standard target

Published 21:25 on December 20, 2018  /  Last updated at 15:36 on January 9, 2019  /  Americas, Canada, Carbon Taxes, RINs & LCFS  /  No Comments

The Canadian government will further relax the stringency of industry production benchmarks for certain sectors under its output-based pricing system (OBPS), the government announced Thursday, as it also revealed more information on the national clean fuel standard (CFS) beginning next decade.

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MA, NY governors lay out carbon pricing, clean energy agendas through 2040

Published 23:13 on December 17, 2018  /  Last updated at 01:04 on December 18, 2018  /  Americas, RINs & LCFS, US  /  No Comments

A Massachusetts commission has recommended the Northeastern US adopt a transportation-focused ETS and a clean fuel standard, while New York Governor Andrew Cuomo called Monday for the decarbonisation of his state’s electricity sector by 2040.

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LCFS Market: California hits $200 to cap year-long surge

Published 18:04 on December 11, 2018  /  Last updated at 01:57 on December 12, 2018  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) prices traded at a record $200 on Monday, breaking through a barrier that had proved elusive even as values skyrocketed throughout 2018, market participants said.

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