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US EPA proposes next three years of RFS quotas, ‘e-RIN’ pathway

Published 18:54 on December 1, 2022  /  Last updated at 18:54 on December 1, 2022  /  Americas, RINs & LCFS, US  /  No Comments

The US EPA on Thursday published preliminary Renewable Fuel Standard (RFS) blending quotas for the next three years, and also proposed a pathway for electricity to generate credits (RINs) under the federal biofuels programme.

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British Columbia LCFS records second consecutive annual credit surplus in 2021

Published 00:44 on December 1, 2022  /  Last updated at 00:44 on December 1, 2022  /  Americas, Canada, RINs & LCFS  /  No Comments

The British Columbia Low Carbon Fuel Standard (BC-LCFS) saw credit generation outpace deficits for the second straight year in 2021 as fuel suppliers engaged in more low-carbon projects, according to provincial data published Wednesday.

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Washington state confirms accelerated carbon intensity reduction schedule in final Clean Fuels Program regulations

Published 23:02 on November 29, 2022  /  Last updated at 23:59 on November 29, 2022  /  Americas, RINs & LCFS, US  /  No Comments

The Washington State Department of Ecology (ECY) on Monday published final regulations of its Clean Fuels Program (CFP), confirming an accelerated timeline to achieve average carbon intensity (CI) reductions for covered transportation fuels.

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RFS Market: RIN prices rise to 1.5-mth high amid refiner buying, imminent biofuel quotas

Published 18:01 on November 28, 2022  /  Last updated at 18:01 on November 28, 2022  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) values lifted on Monday to levels not seen since June 2021, as traders said steady demand from obligated parties and the imminent release of blending quotas for the US Renewable Fuel Standard (RFS) were driving prices higher.

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Oregon Clean Fuels Program credit shortfall persists in Q2 2022

Published 23:11 on November 24, 2022  /  Last updated at 23:20 on November 24, 2022  /  Americas, RINs & LCFS, US  /  No Comments

The Oregon Clean Fuels Program (OCFP) continued to generate a credit shortfall through the second quarter of 2022, with a new quarterly high net deficit generation from petroleum-based gasoline, while volumes from renewable diesel dropped significantly compared to the prior quarter, according to state data published Wednesday.

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California gasoline and diesel sales in August increase through summer driving

Published 22:52 on November 18, 2022  /  Last updated at 22:52 on November 18, 2022  /  Americas, Canada, RINs & LCFS, US  /  No Comments

Gasoline sales in California for August rose to the highest levels since May last year, while diesel consumption picked up from last month’s decline, according to state data released Friday.

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LCFS Market: California prices head to five-year low amid supply glut, PG&E sale

Published 21:00 on November 15, 2022  /  Last updated at 21:20 on November 15, 2022  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) credit prices on Tuesday receded back to the lowest since 2017, which traders attributed to the market’s large oversupply and a massive credit sale by utility Pacific Gas & Electric.

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California floats steeper 2030 LCFS carbon intensity target, potential RNG phase out

Published 23:00 on November 9, 2022  /  Last updated at 01:10 on November 10, 2022  /  Americas, RINs & LCFS, US  /  No Comments

California regulator ARB presented a stronger potential 2030 carbon intensity reduction goal for the Low Carbon Fuel Standard (LCFS) on Wednesday, which was more stringent than two targets published earlier this year, with some of those scenarios limiting the ability of credit generation from renewable natural gas (RNG) and crop-based biofuels.

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RFS Market: Regulated parties push RIN prices towards 1.5-year high

Published 21:08 on November 2, 2022  /  Last updated at 21:08 on November 2, 2022  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) prices this week jumped to levels not seen since spring 2021, as obligated parties under the Renewable Fuel Standard (RFS) snapped up credits, according to traders.

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US MIDTERMS PREVIEW – PART 1: Oregon climate programmes seen at risk as GOP candidate within reach of governor’s office

Published 19:37 on November 2, 2022  /  Last updated at 19:37 on November 2, 2022  /  Americas, RINs & LCFS, US  /  No Comments

Prospects of a Republican winning Oregon’s surprisingly tight governor’s race are raising alarms that the state’s ambitious climate programmes could be put on the chopping block, leaving Oregon’s GHG reduction commitments in jeopardy and its agenda in limbo.

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