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Last Look - Oil records biggest weekly gain since March 2023, surges $6.20 or 9% on rising Middle East tensions

Low Carbon Fuel Standard (LCFS)

Utilize your facilities using renewable fuels to generate valuable LCFS credits, supporting your financial objectives with tailored expertise and strategy designed to meet your unique needs, all with lower carbon emissions. 

Supporting: Industrial facilities, in-state electricity producers, electricity importers, natural gas distributors, and fuel suppliers.

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Looking for ways to generate credits from your LCFS rule projects?
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Low Carbon Fuel Standard (LCFS)

  • LCFS is a rule enacted to reduce carbon intensity (CI) in transportation fuels as compared to conventional petroleum fuels, such as diesel and gasoline. The lower the CI score, the more beneficial impact that project has on the environment, and therefore, the more valuable each unit of energy;
  • LCFS credits can be generated when renewable fuels are used as a transportation fuel in the states of California and Oregon (and soon to be Washington). When renewable natural gas (RNG) is dispensed as a transportation fuel in one of these states, both RIN and LCFS credits can be generated as these credits can be stacked; and

California allows the generation of LCFS credits by the following projects:

  • Solar installation at Oil Fields in California
  • Refinery Investments
  • Electric Vehicle Charging Stations and Hydrogen
  • Direct Air Capture (none approved to date)
  • CCS (none approved to date)

See one of your current or future projects in the above list?
Reach out today to learn how you can generate valuable LCFS credits.
 

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Renewable Identification Numbers (RINs) 

Renewable Identification Numbers (RINs) are unique codes used to track biofuels as they move through the fuel supply chain. RINs serve as the currency of compliance under the Environmental Protection Agency’s Renewable Fuel Standard (RFS). RINs often go hand in hand with LCFS credits, and can be stacked in some cases.  
Learn more about Renewable Identification Numbers here. 

Not sure if your project qualifies for these programs? That’s okay.
Connect with us today to learn more about environmental programs.
 

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