Top

Impact investor takes majority share in Houston-based environmental commodity firm

Published 22:07 on January 12, 2021  /  Last updated at 00:35 on January 13, 2021  /  Americas, Canada, RINs & LCFS, US  /  No Comments

A global impact investor has acquired a majority stake in a Houston-based carbon and biofuel credits trading firm, the two parties announced Tuesday.

Read More
Top

US energy companies sue commodity trader over unfilled RFS credits

Published 20:47 on January 11, 2021  /  Last updated at 20:47 on January 11, 2021  /  Americas, Bavardage, RINs & LCFS, US  /  No Comments

Two obligated parties under the US Renewable Fuel Standard (RFS) have filed separate lawsuits against a Texas-based commodity shop for failing to deliver biofuel credits (RINs) in fulfilment of contractual obligations.

Read More
Top

US Supreme Court takes up refiner-led lawsuit over biofuel compliance waivers

Published 15:14 on January 11, 2021  /  Last updated at 01:21 on January 12, 2021  /  Americas, RINs & LCFS, US  /  No Comments

The US Supreme Court announced Friday that it would review a lower court’s ruling that severely curtailed the EPA’s ability to issue compliance waivers under the Renewable Fuel Standard (RFS), with a future decision potentially adding downside pressure to biofuel credit (RIN) prices that have soared to three-year highs.

Read More
Top

New York, Washington state lawmakers introduce LCFS legislation

Published 22:52 on January 6, 2021  /  Last updated at 22:52 on January 6, 2021  /  Americas, RINs & LCFS, US  /  No Comments

New York and Washington Democrats pre-filed low-carbon fuel standard (LCFS) bills ahead of the start of each state’s legislative sessions, building on increased subnational momentum in recent months to enact the market-based clean fuels programmes.

Read More
Top

RFS Market: RIN prices trend toward $1 mark and set new three-year high

Published 16:34 on January 5, 2021  /  Last updated at 21:28 on January 5, 2021  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) prices under the Renewable Fuel Standard (RFS) set a fresh three-year high this week on a lack of sellers and as a federal administration under President-elect Joe Biden (D) gets set to take office later this month.

Read More
Top

Massachusetts to pursue 100% zero-emissions vehicle mandate and regional LCFS

Published 16:26 on January 4, 2021  /  Last updated at 02:34 on January 5, 2021  /  Americas, RINs & LCFS, US, Voluntary Market  /  No Comments

Massachusetts will follow California’s lead in phasing out sales of new gas-powered light-duty vehicles by 2035, as well as implementing a regional low-carbon fuel standard (LCFS) to operate alongside the Transportation & Climate Initiative (TCI) carbon market, Governor Charlie Baker’s (R) administration announced last week.

Read More
Top

Canada releases draft Clean Fuel Standard regulations after narrowing scope

Published 21:43 on December 18, 2020  /  Last updated at 00:21 on December 19, 2020  /  Americas, Canada, RINs & LCFS  /  No Comments

The Canadian government on Friday released draft regulations to implement a Clean Fuel Standard (CFS), roughly a week after Prime Minister Justin Trudeau’s administration announced plans to trim the scope of the programme.

Read More
Top

President-elect Biden to tap North Carolina regulator to lead US EPA -reports

Published 18:07 on December 17, 2020  /  Last updated at 22:20 on December 17, 2020  /  Americas, International, RINs & LCFS, US, Voluntary Market  /  No Comments

US President-elect Joe Biden is expected to nominate North Carolina environmental regulator Michael Regan to led the EPA, Reuters reported Thursday.

Read More
Top

RFS Market: RIN prices approach year high as market awaits 2021 quotas

Published 21:00 on December 16, 2020  /  Last updated at 21:00 on December 16, 2020  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) values edged toward a new 2020 high on Wednesday as the EPA prepares to publish next year’s long-delayed Renewable Fuel Standard (RFS) quotas by the end of the month.

Read More
Top

Washington governor restarts pursuit of cap-and-trade, LCFS programmes

Published 16:51 on December 16, 2020  /  Last updated at 00:31 on December 17, 2020  /  Americas, Canada, RINs & LCFS, US  /  No Comments

Washington Governor Jay Inslee (D) on Tuesday outlined his climate policy package for the 2021-23 legislative session, teaming up with Democratic lawmakers to pursue emissions trading and low-carbon fuel standard (LCFS) proposals that have repeatedly fallen short in the state in recent years.

Read More