Double Whammy for State Fuel Suppliers

The following article was originally published in the San Francisco Daily Journal on December 3, 2014. Copyright 2014 Daily Journal Corporation, reprinted with permission. The California Air Resources Board (CARB) is poised to readopt the Low-Carbon Fuel Standard (LCFS) regulation in early 2015. With its readoption, CARB hopes to put to rest challenges that required a redo of the environmental analysis supporting the LCFS regulation. If all goes as planned, transportation fuel suppliers operating in California will face a regulatory environment in 2015 that is at once both more certain — with legal challenges to the LCFS largely resolved — and more daunting, as transportation fuels come under the “cap” on greenhouse gas emissions imposed by California’s cap-and-trade program.

on December 05, 2014 at 4:15 PM