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How Do LCFS Credits Work? Breaking Down the Low Carbon Fuel Standard Credit System
A low carbon fuel standard (LCFS) is an energy rebate program that offers credit-based incentives for the use of electric and low-carbon vehicles. This opens the door to additional revenue for EV fleet owners.This article explains how LCFS credits work to help you maximize your earnings with your state’s LCFS program.Background: How Low Carbon Fuel…
An Overview of How Canada’s CFR Credit Prices Work
Canada’s Clean Fuel Regulations (CFR) went into effect July of 2023, giving owners of electric vehicle (EV) charging stations the opportunity to earn rebates on their reduced carbon emissions. Understanding how CFR credit prices work is key to maximizing your earnings.This article provides an overview of Canada’s CFR credits and how the credit pricing system…
New LCFS Legislation Across the US
Low carbon fuel standards (LCFS) have been gaining popularity in recent years, with programs in Washington, Oregon, and California pushing the widespread adoption of electric and low carbon vehicles.These programs, also known as energy rebate programs, aim to reduce greenhouse gas emissions from the transportation sector by offering market-based incentives to fleet owners who transition…
Proposed Updates to the Washington State Clean Fuel Standard Will Expand to Regulate the Sustainability of Aviation Fuels
The Washington Department of Ecology (Ecology) recently proposed changes to the Clean Fuel Standard (CFS) that would introduce sustainable aviation fuels to the program. Currently, the program incentivizes low-carbon fuels for vehicles through rebate opportunities for fleet owners. Under the proposed update, announced in December 2023, the CFS would include stricter enforcement on fuel producers…
Summary of the Q3 2023 CARB LCFS Report
The California Air Resources Board (CARB) releases quarterly updates on the Low Carbon Fuel Standard (LCFS) to provide an overview of its progress in promoting the adoption of low-carbon fuels. Implemented in 2011, the LCFS incentivizes California fleet owners to transition to electricity and other alternative fuels through the use of credit generation and energy…
Smart Rebates Newsletter February 2024: LCFS Updates, New Legislation and More
Q3 2023 LCFS and CFP Rebate Payments are on The Way!Smart Charging Technologies LLC (SCT) are pleased to announce that we have completed the reporting and sales of the LCFS & CFP credits for all of SCT’s Smart Rebates customers for Q3, 2023. Smart Rebates customers should expect their rebate payments over the next three…
What Is a Carbon Intensity Score? Understanding EV Energy Rebate Programs
Incentive programs like energy rebate programs have promoted the widespread adoption of electric vehicles (EVs) across North America. Central to these programs is the carbon intensity (CI) score, a measurement of how sustainable a fuel is. Understanding the CI score and how it relates to electric vehicles is a valuable step in understanding energy rebate…
The Advanced Clean Cars II Rules: Oregon and Washington Following California's Lead in Zero-Emission Vehicles
In recent years, California has implemented incentives and regulations to push the adoption of clean fuels. Now, Oregon and Washington are following California’s lead with the Advanced Clean Cars II Rule (ACC II), which will require all light-duty vehicles sold in these states to be zero-emission or plug-in hybrid by 2035.This article explains how the…
Changes to Energy Rebate Reporting Requirements: California, Washington, and Oregon to Require Metering by 2024
In an effort to improve transparency and accuracy in credit generation, energy rebate programs along the West Coast will soon require metering for electric forklifts. These changes will go into effect as early as fall 2023 and will impact electric forklift owners who have previously used the calculated methodology to estimate their credit generation.This article…
California Hits 50% Clean Fuels
California reached a major milestone in 2023 with the announcement that clean fuels replaced over 50% of diesel used in the state. The California Air Resources Board (CARB) attributes this accomplishment to the Low Carbon Fuel Standard (LCFS) and other electric vehicle (EV) incentives that have pushed the adoption of low-carbon and alternate fuels over…