Americas > Compliance Markets & Taxes > California unanimously approves LCFS price cap as part of amendment package

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 / / Americas (Compliance Markets & Taxes, US & Canada)

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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.


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