California Low Carbon Fuel Standard (LCFS) prices dipped slightly this week after utility Pacific Gas & Electric (PG&E) announced its largest credit auction yet, while federal data showed financial players made a rare cut in their futures market net length. A Carbon Pulse subscription is required...
What is the Low Carbon Fuel Standard (LCFS)? The California LCFS is a statewide market-based policy with the goal of decarbonizing California’s transportation fuel mix. The policy requires “deficit generators” — providers of petroleum-based fuels — to purchase credits from “credit ...
for electricity in most plug-in EV (includes BEV and PHEV) charging scenarios instead the revised LCFS provides the value of the LCFS credit to the utilities in the case of residential charging (80% of the market) and to public-access charging station operators in m...
LCFSRFSTipping feesThe emergence of natural gas as an abundant, inexpensive fuel in the U.S. raises the possibility that expanding natural gas infrastructure could enable a transition to other low carbon fuels. We assess how California's existing fuels policies interact with expanding natural gas ...
possibilities looking at how various LCFS credit prices might be passed through to Californians by industry. It is not a prediction of gas prices or a staff proposal. I would also point out that there is no data showing a correlation between LCFS credit prices and fuel prices at the pump."...
With a focus on ARB’s new rulemaking, Shashi Menon, managing partner at EcoEngineers, praised the LCFS and called the proposed verification program a step in the right direction. He offered some of his thoughts about how to reduce risk in the credit marketplace and how to regulate, monito...
California’s LCFS program made the state the epicenter of the RNG industry, but with planning, fleets across the U.S. can fuel with RNG. Sourced from a variety of feedstocks including dairy farms, landfills and wastewater treatment plants, California’s average renewable compressed natural gas ...
For example, as part of on-going implementation of the California Low Carbon Fuel Standard (LCFS), the California Air Resources Board has recently designed and is implementing a new cost containment mechanism as part of the compliance credit market embedded within the LCFS. This mechanism was ...
As the value of the LCFS credit lingers around $200 per credit and the Renewable Fuel Standard (RFS) renewable identification number (RIN) prices are ever-reducing, the importance of CI is more relevant than ever before. Participation in the LCFS relies heavily on the CI of a renewable fuel...