California unanimously approves LCFS price cap as part of amendment package

Published 20:18 on November 21, 2019  /  Last updated at 12:46 on March 10, 2022  / Matthew Lithgow /  Americas, RINs & LCFS, US

California regulator ARB’s board endorsed the installation of a Low Carbon Fuel Standard (LCFS) price ceiling and a borrowed credits mechanism drawn from utilities’ future electric vehicle budgets as part of a suite of programme amendments on Thursday.
California regulator ARB’s board endorsed the installation of a Low Carbon Fuel Standard (LCFS) price ceiling and a borrowed credits mechanism drawn from utilities’ future electric vehicle budgets as part of a suite of programme amendments on Thursday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.