South Dakota legislature approves suite of carbon pipeline bills

Published 21:18 on February 29, 2024  /  Last updated at 21:25 on February 29, 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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US Inflation Reduction Act clean energy tax credits expected to increase budget deficits by $428 bln through 2033

Published 23:02 on February 10, 2024  /  Last updated at 23:02 on February 10, 2024  / Allison Gacad /  Americas, RINs & LCFS, US

The US Congressional Budget Office (CBO) projected more than half of the $428 billion increase to federal budget deficits over the next 10 years would be as a result of clean vehicle tax credits, with the remainder largely driven by other energy-related tax provisions, both stemming from the 2022 Inflation Reduction Act (IRA).

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California environmental justice body pushes back against proposed LCFS amendments

Published 02:00 on February 9, 2024  /  Last updated at 02:41 on February 9, 2024  / Bijeta Lamichhane /  Americas, RINs & LCFS, US

The proposed amendments to California’s Low Carbon Fuel Standard (LCFS) fail to consider Environmental Justice Advisory Committee (EJAC) recommendations to mitigate environmental risks to communities caused by the policy, and stakeholders should be given more time to provide feedback, EJAC members told state regulator ARB officials at a meeting Thursday.

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Industry criticises proposed reporting rules under Massachusetts’ Clean Heat Standard

Published 21:19 on February 6, 2024  /  Last updated at 21:19 on February 6, 2024  / Graham Gibson /  Americas, RINs & LCFS, US

Industry stakeholders criticised proposed amendments to reporting requirements under the state’s draft Clean Heat Standard (CHS) framework in a webinar Tuesday, arguing they were overly burdensome on business.

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South Dakota House committee approves two carbon pipeline bills

Published 20:45 on February 6, 2024  /  Last updated at 20:45 on February 6, 2024  / Allison Gacad /  Americas, RINs & LCFS, US, Voluntary

The two bills, approved Monday by the House Commerce and Energy Committee, establish protocols for landowners and carbon sequestration pipeline companies following the denial of permits to two CO2 pipelines by the state’s Public Utilities Commission (PUC) last year.

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INTERVIEW: Researcher details shortcomings of California’s LCFS scheme in crediting avoided methane

Published 21:29 on February 2, 2024  /  Last updated at 22:49 on February 2, 2024  / Bijeta Lamichhane /  Americas, RINs & LCFS, US

Research by a US environmental NGO found that producers of factory farm biogas earning credits from California’s Low Carbon Fuel Standard (LCFS) programme were piping gas from digester projects that continued to release methane plumes up to 1,700 kilograms per hour.

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