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Washington’s Puget Sound suspends plan for regional LCFS

Published 16:00 on April 3, 2020  /  Last updated at 18:55 on April 3, 2020  /  Americas, RINs & LCFS, US  /  No Comments

Washington’s Puget Sound Clean Air Agency (PSCAA) will halt approval of a low-carbon fuel standard (LCFS) for the greater Seattle area, with the potential of reevaluating the draft clean fuels programme in the future, the regional body announced Thursday.

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LCFS Market: Credit rally peters out at $200

Published 17:40 on April 1, 2020  /  Last updated at 22:43 on April 1, 2020  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) prices returned to a two-week high in recent days, but increased demand that picked credit values off a two-year low finally left the market.

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Carbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown

Published 09:05 on April 1, 2020  /  Last updated at 09:26 on April 1, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  1 Comment

*FREE READ* – A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.

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US EPA extends RFS compliance deadline for small refiners, citing coronavirus

Published 20:26 on March 27, 2020  /  Last updated at 21:04 on March 27, 2020  /  Americas, RINs & LCFS, US  /  No Comments

The US EPA on Friday afternoon postponed next week’s deadline for small refineries to surrender biofuel credits against their Renewable Fuel Standard (RFS) obligations in light of the COVID-19 pandemic, while also addressing a recent court decision on the policy’s compliance waiver programme.

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Argus postpones North American carbon conferences due to COVID-19

Published 16:40 on March 26, 2020  /  Last updated at 16:40 on March 26, 2020  /  Americas, Canada, RINs & LCFS, US  /  No Comments

Price reporting agency Argus Media has postponed its US and Canadian carbon and biofuel market conferences this spring due to the coronavirus pandemic, Carbon Pulse has learned.

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Trump administration declines to appeal decision limiting biofuel compliance waivers

Published 14:57 on March 25, 2020  /  Last updated at 23:08 on March 25, 2020  /  Americas, RINs & LCFS, US  /  No Comments

The US federal government missed a deadline on Tuesday to challenge a court’s ruling that limits the EPA’s use of Renewable Fuel Standard (RFS) compliance waivers, though refiners involved in the lawsuit will forge ahead with their own appeal.

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LCFS Market: California prices reverse course to surge back towards $200

Published 16:33 on March 24, 2020  /  Last updated at 17:23 on March 24, 2020  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) prices swung back from 2018 lows this week as a result of higher demand, though some traders questioned the higher values amid the economic impacts of the COVD-19 pandemic.

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RFS Market: RIN prices bounce after coronavirus impacts take toll

Published 21:45 on March 19, 2020  /  Last updated at 22:37 on March 19, 2020  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) prices rose on Thursday after the economic impacts of the COVID-19 virus pushed prices under the Renewable Fuel Standard (RFS) to a nearly two-month low earlier this week.

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Canadian Clean Fuel Standard will yield only a fraction of promised GHG reductions -report

Published 20:58 on March 18, 2020  /  Last updated at 20:58 on March 18, 2020  /  Americas, Canada, RINs & LCFS  /  No Comments

Canada’s Clean Fuel Standard (CFS) will deliver under a quarter of the policy’s anticipated emissions abatement as a result of overlap with existing federal and provincial policies, researchers said Tuesday.

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UPDATE – LCFS Market: California prices unwind further as corona fears consolidate

Published 16:54 on March 18, 2020  /  Last updated at 22:14 on March 18, 2020  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) credit prices took on significant losses Wednesday as the spread of the COVID-19 coronavirus roiled the transportation sector programme.

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