California
Understanding Low Carbon Fuel Standard (LCFS) Credit Prices: What California EV Fleet Owners Need to Know
Fleet owners in California can earn revenue from the Low Carbon Fuel Standard (LCFS) by reducing their carbon emissions with electric vehicles. The LCFS is a market-based system where electric vehicle (EV) fleet owners can sell their LCFS credits on a state-wide market to fuel producers who are required to offset their carbon emissions. Credit generators…
California LCFS Explained: Unlocking the Potential of Low Carbon Fuel Standard Credits in California
The California Air Resources Board (CARB) released the Low Carbon Fuel Standard (LCFS) in 2009. The program incentivizes reduced carbon emissions from California’s transportation sector by capping the amount of emissions fuel producers can emit and allowing clean energy users to earn credits through their reduced emissions.This article explains how the LCFS works, how the…