LCFS and C&T Analysis

Expert Insights into LCFS Credit & Deficit Trends and C&T Allowance and Offset Demand and Price Trends.

Recent Insights

    Article

    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...

    Article

    Stillwater CFP 101

    May 29, 2026

    Oregon Clean Fuels Program (CFP) Overview Oregon’s Clean Fuels Program (CFP) was initiated in 2009 when the legislature passed HB 2186, empowering the Oregon Environmental Quality Commission (EQC) to “adopt by rule low carbon fuel standards for gasoline, diesel and fuels used as substitutes for gasoline or diesel.” Thus, in 2015, the Oregon Department of...
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