New York dials back clean fuel standard recommendation in draft Scoping Plan release
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.
Read MoreUS EPA imposes more stringent clean car standards in final rulemaking
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.
Read MoreUtah-based CCO digester applies for ‘book-and-claim’ LCFS pathway
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.
Read MoreRFS Market: RINs barrel back beneath $1 in volatile post-RVO stretch
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.
Read MoreRFS Market: RIN prices increase as traders take bullish view of 2022 quotas
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.
Read MoreCalifornia requests input on stronger LCFS targets, programmatic changes
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.
Read MoreUS EPA proposes long-awaited RFS volumes, denial of all compliance waivers
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.
Read MoreCalifornia should raise 2030 LCFS target, add 2035 goal -researcher
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.
Read MoreRFS Market: RIN prices dive below $1.00 as lower RVO reports resurface
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.
Read MoreBritish Columbia not considering LCFS price cap even as credit values soar
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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