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New York dials back clean fuel standard recommendation in draft Scoping Plan release

Published 00:21 on December 21, 2021  /  Last updated at 00:21 on December 21, 2021  /  Americas, Carbon Taxes, RINs & LCFS, US  /  No Comments

The New York Climate Action Council (CAC) on Monday approved a draft Scoping Plan for orchestrating the state’s GHG reduction strategy, with members of the body softening language that had endorsed a clean fuel standard while adding a section on possible economy-wide CO2 pricing strategies.

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US EPA imposes more stringent clean car standards in final rulemaking

Published 18:39 on December 20, 2021  /  Last updated at 18:39 on December 20, 2021  /  Americas, Canada, RINs & LCFS, US  /  No Comments

The US EPA on Monday released its final rulemaking for setting light-duty vehicle GHG standards that were rolled back under the Trump administration, as President Joe Biden’s agency opted to implement more ambitious compliance targets than the proposed rule set out this summer.

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Utah-based CCO digester applies for ‘book-and-claim’ LCFS pathway

Published 16:39 on December 17, 2021  /  Last updated at 16:39 on December 17, 2021  /  Americas, RINs & LCFS, US  /  No Comments

A Utah livestock project registered under the California offset programme is seeking to transition into the state’s Low Carbon Fuel Standard (LCFS) via an electricity pathway, according to documents posted by regulator ARB this week.

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RFS Market: RINs barrel back beneath $1 in volatile post-RVO stretch

Published 18:47 on December 14, 2021  /  Last updated at 18:47 on December 14, 2021  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) prices continued to dive back towards week lows on Tuesday as bullish sentiment regarding the Renewable Fuel Standard (RFS) quotas published last week evaporated.

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RFS Market: RIN prices increase as traders take bullish view of 2022 quotas

Published 22:41 on December 9, 2021  /  Last updated at 22:41 on December 9, 2021  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) values jumped over the past two days as Renewable Fuel Standard (RFS) market participants thought 2022 biofuel blending requirements announced by the EPA this week could cause an issue for obligated shorts in the future.

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California requests input on stronger LCFS targets, programmatic changes

Published 22:48 on December 7, 2021  /  Last updated at 22:48 on December 7, 2021  /  Americas, RINs & LCFS, US  /  No Comments

California regulator ARB on Tuesday called for public feedback on strengthening the ambition of pre- and post-2030 GHG targets under the Low Carbon Fuel Standard (LCFS), while also floating a number of other changes to the transportation sector programme once the forthcoming Scoping Plan update is complete.

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US EPA proposes long-awaited RFS volumes, denial of all compliance waivers

Published 22:37 on December 7, 2021  /  Last updated at 22:37 on December 7, 2021  /  Americas, RINs & LCFS, US  /  No Comments

The US EPA on Tuesday proposed multi-year blending quotas under the Renewable Fuel Standard (RFS) that were in line with previously leaked volumes, though the agency also stated its intention to reject the dozens of remaining small refinery exemptions (SREs) under the federal biofuels programme.

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California should raise 2030 LCFS target, add 2035 goal -researcher

Published 02:58 on December 4, 2021  /  Last updated at 02:58 on December 4, 2021  /  Americas, RINs & LCFS, US  /  No Comments

California regulator ARB should increase the 2030 carbon intensity (CI) reduction target for the state’s Low Carbon Fuel Standard (LCFS) as well as add a 2035 target, an academic told a conference Friday.

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RFS Market: RIN prices dive below $1.00 as lower RVO reports resurface

Published 19:38 on December 3, 2021  /  Last updated at 03:14 on December 4, 2021  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) values tumbled to two-month lows on Friday after several news outlets reported the EPA is slated to soon release lower Renewable Fuel Standard (RFS) quotas in line with leaked volumes this fall.

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British Columbia not considering LCFS price cap even as credit values soar

Published 00:50 on December 3, 2021  /  Last updated at 00:50 on December 3, 2021  /  Americas, Canada, RINs & LCFS, US  /  No Comments

British Columbia Low Carbon Fuel Standard (LCFS) credits reached new highs last month, but the province isn’t likely to move forward with a price cap, a government official told a conference Thursday.

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