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Flash Report: 1Q2026 LCFS Data Show 2,832,860 MT Net Deficit

July 31, 2026

Today, CARB posted the first quarter 2026 data for the LCFS program. In today’s flash report, we offer a quick look at this third quarter data; our comprehensive analysis will be published in Stillwater’s Quarterly LCFS Newsletter which will be available to subscribers in August. The first quarter 2026 data show a net deficit of...

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Washington Clean Fuel Standard (CFS) 101

July 23, 2026

The Washington State Clean Fuel Standard (CFS), signed into law in May 2021 via HB 1091, was modeled after California and Oregon’s low carbon fuel (LCF) programs. Like California’s Low Carbon Fuel Standard (LCFS) and Oregon’s Clean Fuels Program (CFP), the Washington CFS aims to reduce vehicle emissions of greenhouse gases (GHGs) by reducing the...

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California LCFS 101

June 9, 2026

LCFS Program & Credit Market Overview The Low Carbon Fuel Standard (LCFS) is one of several programs created under AB 32, the California Global Warming Solutions Act of 2006, to reduce greenhouse gas (GHG) emissions across the state. AB 32 was the first U.S. legislation to take a comprehensive, long-term approach to reducing anthropogenic GHG...

Flash Report

Cap and Compromise: CARB adopts Cap-and-Invest amendments on a divided 9-4 vote

June 1, 2026

Late on Friday, May 29th, the California Air Resources Board (CARB) adopted updates to California’s Cap-and-Invest Program on a 9 to 4 vote, ending a process that effectively began in 2023 and clearing the way for the amended program to take effect on September 1, 2026. The package tightens the program’s emissions cap through 2030...

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