New Mexico releases draft rules for clean transportation fuel programme

Published 00:16 on December 21, 2024  /  Last updated at 00:16 on December 21, 2024  / /  Americas, RINs & LCFS, US

The New Mexico Environment Department (NMED) released Thursday a discussion draft of its future Clean Transportation Fuel Standard (CTFS), inviting public comments until mid-January.

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BRIEFING: Non-profits sue California ARB for approving LCFS amendments over environmental concerns

Published 02:22 on December 20, 2024  /  Last updated at 02:22 on December 20, 2024  / /  Americas, RINs & LCFS, US

A group of non-profits this week sued California regulator ARB for its recent approval of amendments to the Low Carbon Fuel Standard (LCFS), alleging that the agency overlooked the regulation’s environmental harms.

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Brazil Securities and Exchange Commission approves accounting guidelines for carbon units

Published 21:51 on December 19, 2024  /  Last updated at 21:51 on December 19, 2024  / /  Americas, Nature-based, RINs & LCFS, South & Central, Voluntary

Brazil’s Securities and Exchange Commission (CVM) on Monday approved new technical guidelines for valuing three kinds of domestic carbon units on balance sheets, setting the stage for a new era in accounting.

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US EPA makes case for proper venue in small refinery exemptions lawsuit

Published 00:59 on December 17, 2024  /  Last updated at 00:59 on December 17, 2024  / /  Americas, RINs & LCFS, US

The US EPA this month requested the nation’s highest court to transfer a case on small refinery exemptions under the Renewable Fuel Standard (RFS) to the DC Circuit by vacating a ruling from another appeals court.

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US SAF scale-up depends on tax credit extension, updated renewable fuel standard -report

Published 01:17 on December 14, 2024  /  Last updated at 01:17 on December 14, 2024  / /  Americas, Aviation/CORSIA, Nature-based, RINs & LCFS, US, Voluntary

Sustainable aviation fuel (SAF) in the US requires deliberate policy efforts to unlock broad-based adoption, including both reform of current programmes and introduction of new carbon pricing measures, a think tank wrote in a December report.

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Brazil sets 2034 GHG reduction, waste oil targets centred on biofuels -media

Published 22:58 on December 12, 2024  /  Last updated at 22:58 on December 12, 2024  / /  Americas, Nature-based, RINs & LCFS, South & Central, Voluntary

Brazil’s National Council for Energy Policy (CNPE), an advisory body to the president, this week approved resolutions in support of targets for biofuels-based greenhouse gas (GHG) mitigation and to encourage the use of residual oils and fats in biofuels, according to local media reports.

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California county board blocks proposed ethanol-to-hydrogen plant

Published 22:40 on December 12, 2024  /  Last updated at 22:40 on December 12, 2024  / /  Americas, RINs & LCFS, US

Local officials in a California county unanimously voted to withdraw an environmental review exemption for a hydrogen plant in the Central Valley on Tuesday after the developer abandoned the project in the face of local pushback and a legal challenge.

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British Columbia lawmaker proposes reduction in imported renewable diesel credits

Published 00:35 on December 12, 2024  /  Last updated at 00:35 on December 12, 2024  / /  Americas, Canada, RINs & LCFS

A BC legislator proposes to reduce the volume of Low Carbon Fuel Standard (LCFS) credits that are provided to imported renewable diesel producers, according to a draft bill seen by Carbon Pulse.

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California regulators delay decision on profit cap for oil refiners

Published 01:11 on December 10, 2024  /  Last updated at 01:11 on December 10, 2024  / /  Americas, RINs & LCFS, US

A California agency told media outlets it would be delaying a key decision on implementing the governor’s plan to cap oil refiners’ profits.

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Industry veteran launches new Houston-based environmental brokerage, consulting firm

Published 00:45 on December 10, 2024  /  Last updated at 00:45 on December 10, 2024  /  Americas, Bavardage, RINs & LCFS, US, Voluntary

A financial markets veteran has started a new Houston-based brokerage and consulting firm specialising in environmental credit solutions.

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