California regulator ARB addresses LCFS concerns, sees no delay in implementation of amendments

Published 02:35 on March 16, 2024  /  Last updated at 02:35 on March 16, 2024  / Allison Gacad /  Americas, RINs & LCFS, US

Stakeholders of California regulator ARB’s Environmental Justice Advisory Committee (EJAC) presented concerns surrounding biofuels during a meeting Friday, while ARB staff maintained that changes to the Low Carbon Fuel Standard (LCFS) will take effect by early 2025 at the latest.

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Oregon sets 2024 rulemaking timeline to re-establish scrapped Climate Protection Program

Published 23:36 on March 11, 2024  /  Last updated at 23:36 on March 11, 2024  / Joan Pinto /  Americas, RINs & LCFS, US

The Oregon Department of Environmental Protection (DEQ) on Monday announced a new rulemaking schedule to reinstate its market-based GHG reduction programme that a state court dismissed in December.

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Washington seeks feedback on CFS update looking to spur in-state SAF production

Published 22:39 on March 8, 2024  /  Last updated at 22:39 on March 8, 2024  / Joan Pinto /  Americas, RINs & LCFS, US

The Washington state Department of Ecology (ECY) is seeking feedback on proposed changes to the Clean Fuel Standard (CFS) that look to incentivise sustainable aviation fuel (SAF) production and improve the scheme’s reporting framework.

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Colorado legislators propose cap-and-trade, ban on new oil and gas wells

Published 02:40 on March 6, 2024  /  Last updated at 02:40 on March 6, 2024  / Allison Gacad /  Americas, RINs & LCFS, US

In Colorado, a House bill lays the groundwork for a cap-and-trade programme to be implemented as early as this year, while two Senate bills target emissions reductions from the oil and gas industry.

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RFS market: RINs hover around lowest values in three years as market looks to renewable diesel

Published 23:55 on March 4, 2024  /  Last updated at 23:55 on March 4, 2024  / Allison Gacad /  Americas, RINs & LCFS, US

Biofuel credit (RIN) values under the US Renewable Fuel Standard (RFS) slightly retraced to begin the month of March but remained in line with lowest values since 2020 as the market continues to monitor D4 credit generation from renewable diesel.

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South Dakota legislature approves suite of carbon pipeline bills

Published 21:18 on February 29, 2024  /  Last updated at 22:21 on March 5, 2024  / Allison Gacad /  Americas, RINs & LCFS, US, Voluntary

A controversial Senate bill, which reduces local control regarding CO2 pipeline projects, now awaits a final decision by Governor Kristi Noem (R), while two House bills, pertaining to landowners in the crosshairs of pipelines, now await a vote on the Senate floor.

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Deluge of stakeholder feedback on draft LCFS changes stalls California rulemaking

Published 22:08 on February 28, 2024  /  Last updated at 22:17 on February 28, 2024  / Joan Pinto /  Americas, RINs & LCFS, US

Stakeholders flooded the ARB with comments about proposed changes to California’s Low Carbon Fuel Standard (LCFS) programme, with broad support for tightening the programme but opposing views on a slew of draft rules including the sunsetting of avoided methane crediting, reversing intrastate jet fuel exemptions, and pushback against increased reporting requirements.

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ANALYSIS: Delayed LCFS decision sparks market bull run, but prices retrace with cautious optimism

Published 23:01 on February 19, 2024  /  Last updated at 23:01 on February 19, 2024  / Allison Gacad /  Americas, RINs & LCFS, US

California regulator ARB’s announcement to postpone a hearing and vote regarding amendments to its Low Carbon Fuel Standard (LCFS) saw a short-lived market rally, as market observers anticipate significant changes to the proposed amendments, which were criticised by industry, environmental groups, and market participants alike.

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Oregon Clean Fuels Program sets new record high for credit generation in Q3 2023

Published 23:07 on February 14, 2024  /  Last updated at 02:14 on February 15, 2024  / Allison Gacad /  Americas, RINs & LCFS, US

Oregon’s Clean Fuels Program (OCFP) generated a record-high volume of credits for the second consecutive quarter, growing the programme’s credit bank amid cratering secondary market prices, according to state data published Tuesday.

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New Mexico legislators approve clean transportation fuel bill

Published 17:58 on February 14, 2024  /  Last updated at 22:14 on February 14, 2024  / Bijeta Lamichhane /  Americas, RINs & LCFS, US

A New Mexico bill to implement a clean fuel standard by mandating a reduction in transportation fuel carbon intensity (CI) passed the legislature on Tuesday and now awaits approval by the governor.

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