Legal Quick Hit: Top Five Issues when Complying with California s Low Carbon Fuel Standard
|
|
- Simon Shields
- 5 years ago
- Views:
Transcription
1 Susan Lafferty David McCullough January 15, 2014 Legal Quick Hit: Top Five Issues when Complying with California s Low Carbon Fuel Standard
2 What Is the LCFS and How Does It Compare with the RFS?
3 Do I Have to Comply with the LCFS? Regulated Party = Producer or Importer in California Importer is person who owns the liquid transportation fuel or blendstock in the transportation equipment at the point it enters California Transportation fuel = Any fuel used or intended for use as a motor vehicle fuel or for transportation purposes in a non-vehicular source. Includes: California reformulated gasoline and CARBOB California diesel fuel (i.e., ULSD) Denatured fuel ethanol (e.g., fuel ethanol) Biomass-based diesel blends and B100 Opt-In for alternative fuels where fuel provider can elect to generate credits Unregulated Fuels Fuels that are not derived from biomass and less than 420 million megajoules (equivalent of 3.6 million gallons of gasoline) of the fuel are used in California Liquefied petroleum gas Fuel used in the following applications Aircraft Racing vehicles Certain military vehicles Locomotives Ocean-going vessels
4 How Do I Transfer the Compliance Obligation? LCFS is designed to keep compliance obligations upstream, but Regulated Parties may contractually transfer obligations downstream Contracts and PTDs are key documents Regulated Party status may be transferred, but with most fuel types: If the recipient is also a producer/importer, transfer of status is automatic If recipient is not a producer/importer, transferor remains the regulated party Regardless, parties may elect to retain or transfer Regulated Party status through mutual agreement in a written contract and statement on PTD If transferring Regulated Party status, PTD must include: Prominent statement on who is the Regulated Party Volume and Carbon Intensity Unless transferring Regulated Party status, transferor must include an incremental deficit in its compliance calculations Recipient must include a base deficit in its compliance calculations Recommend always: Enter transactions into LRT Use PTD and written contract to define who is the Regulated Party Specifically state that transferring both base deficit and incremental deficit obligation
5 How Do I Determine Carbon Intensity and Which Fuels Does the LCFS Incentivize? Phases of Production California Reformulated Gasoline (CARFG) GHG Emission Drivers CARBOB Gasoline (~90%) Corn Ethanol (~10%) Extraction and Transport Refining and transport Recovery method Refinery energy use Fuel use for corn production Corn transportation Energy for Ag inputs Natural gas in refining process End Use Vehicle emissions N/A Land Use Change N/A Displacement of food crops
6 Will the Courts Strike Down the LCFS?
7 Susan G. Lafferty Counsel Susan Lafferty is a member of Sutherland s Energy and Environmental Practice Group and advises clients on a broad array of energy and environmental matters in the climate change and the petroleum and biofuels trading arenas. Susan counsels on the regulatory and commercial issues related to EPA's Renewable Fuel Standard (RFS) program, including helping clients navigate enforcement matters related to the trading or use of invalid RINs (Renewable Identification Numbers). Susan also works with clients to develop risk management and mitigation tools to address potential spills or releases that may occur when transporting and storing products like crude oil, distillates, liquefied natural gas and coal. 7
8 David M. McCullough Associate David McCullough is an attorney in Sutherland s Energy and Environmental Practice Group. David regularly counsels clients on the regulatory landscape governing the trade and movement of renewable fuel, petroleum products, crude oil and natural gas. Among the areas that David counsels clients on are the Renewable Fuel Standard, RIN trading, crude oil export controls, state low carbon fuel standards, the Jones Act, Customs and Census reporting requirements, greenhouse gas reporting and spill liability under the Oil Pollution Act (OPA), Clean Water Act, Superfund and state analogues. David s work in this area includes providing clients with regulatory compliance advice, assistance with drafting commercial agreements and representation in enforcement proceedings, administrative litigation and commercial disputes. 8
9 SUTHERLAND S ENERGY AND ENVIRONMENTAL PRACTICE Sutherland s Energy and Environmental Group has more than 60 lawyers representing every major sector of the energy industry. Our 40-year history of excellence in serving the regulatory, compliance and policy needs of our clients is matched by the commercial and operational experience we bring to increasingly complex transactions. Complemented with our team of wellregarded, high-profile litigators, Sutherland s energy practice is well positioned to provide the full range of legal services to our energy clients. Our clients include crude oil and natural gas refiners and producers, domestic and multinational traders, energy lenders and marketers, hedge funds and financial institutions, independent power producers and electric cooperatives, international oilfield service providers, and renewable energy developers.
Susan G. Lafferty. P: E:
ATTORNEY BIOGRAPHY Susan G. Lafferty Partner Washington P: +1.202.383.0168 E: susanlafferty@eversheds-sutherland.com Education J.D., George Mason University School of Law B.A., University of Virginia Bar
More informationHow Carbon Intense Is Your Fuel?
How Carbon Intense Is Your Fuel? Featured speaker: Dr. Anil Prabhu, California Air Resources Board March 8, 2017 www.wwcleancities.org Robin Gold Coordinator Alternative Fuels & Technology Kimberley Cline
More informationRNG Production for Vehicle Fuel. April 4, 2018
RNG Production for Vehicle Fuel April 4, 2018 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section
More informationPublic Meeting Point of Regulation for the Sources of Fuel Combustion Included in the Second Compliance Period in a California Cap-and-Trade Program
Public Meeting Point of Regulation for the Sources of Fuel Combustion Included in the Second Compliance Period in a California Cap-and-Trade Program June 23, 2009 California Air Resources Board California
More informationWhat you might have missed Bioenergy Situation & Outlook
What you might have missed Bioenergy Situation & Outlook Ag Lenders Conference David Ripplinger Fall 2018 Record US Corn Ethanol Production Record US Corn Ethanol Exports Expanding US Corn Ethanol Capacity
More informationGROWING YOUR BUSINESS WITH BIODIESEL. Copyright 2016 Renewable Energy Group, Inc.
GROWING YOUR BUSINESS WITH BIODIESEL BIODIESEL DEMAND DRIVERS 2 WHAT S DRIVING BIODIESEL DEMAND? RVO Federal and state tax incentives Sustainability 3 WHAT S DRIVING BIODIESEL DEMAND? RVO Revised RVO offers
More informationCalifornia Low Carbon Fuel Standard Status Report. John D. Courtis October 17, 2011
California Low Carbon Fuel Standard Status Report John D. Courtis October 17, 2011 Background CA legislature adopts Global Warming Solutions Act (AB 32) in 2006 Board passes LCFS April 2009 Title 17, CCR,
More informationYour Fuel Can Pay You: Maximize the Carbon Value of Your Fuel Purchases. Sean H. Turner October 18, 2017
Your Fuel Can Pay You: Maximize the Carbon Value of Your Fuel Purchases Sean H. Turner October 18, 2017 Agenda Traditional Funding Mechanisms vs. Market- Based Incentives for Renewable Fuels and Electric
More informationCalifornia Environmental Protection Agency. Air Resources Board. Low Carbon Fuel Standard (LCFS) Update 2015 CRC LCA of Transportation Fuels Workshop
California Environmental Protection Agency Air Resources Board Low Carbon Fuel Standard (LCFS) Update 2015 CRC LCA of Transportation Fuels Workshop Anil Prabhu October 27-28, 2015 Overview of Presentation
More informationOperating Refineries in a High Cost Environment. Options for RFS Compliance. March 20, Baker & O Brien, Inc. All rights reserved.
Operating Refineries in a High Cost Environment Options for RFS Compliance March 2, 217 Baker & O Brien, Inc. All rights reserved. Discussion Points Introduction Renewable Fuels Standard (RFS) Overview
More informationCALIFORNIA S LOW CARBON FUEL STANDARD (LCFS) REVIEW OF COMPLIANCE TRENDS
CALIFORNIA S LOW CARBON FUEL STANDARD (LCFS) REVIEW OF COMPLIANCE TRENDS Julie Witcover Sonia Yeh Institute of Transportation Studies, UC Davis IAEE Meeting, New York, June 2014 LCFS goal: Reduce transport
More informationThe California Low Carbon Fuel Standard. John D. Courtis August 10-12, 2009
The California Low Carbon Fuel Standard John D. Courtis August 10-12, 2009 Why LCFS GHG Emissions (MMTCO2e) Large GHG Reductions Required to Meet 2020 Target and 2050 Goal 700 600 500 400 300 200 100 0-169
More informationIn this Information Bulletin, the following terms, where capitalized, have the following meanings:
Background Under the Greenhouse Gas Reduction (Renewable and Low Carbon Fuel Requirements) Act (Act) ethanol produced from biomass is a renewable fuel, and thus both a Part 2 fuel and a Part 3 fuel. Neither
More informationUpdate: Estimated GHG Increase from Obama Administration Inaction on the 2014 RFS
Update: Estimated GHG Increase from Obama Administration Inaction on the 2014 The blend wall should not be a consideration for setting the, because the United States is using more transportation fuel in
More informationRegulatory and Compliance Update
1 Regulatory and Compliance Update 2 Market Snapshot Million Barrels per day U.S. Gasoline Demand (EIA) 9.6 9.4 9.2 9 8.8 8.6 8.4 8.2 2012 2013 2014 2015 2016 2017 2018 Year Fuel Ethanol Production vs
More informationRegistration, Recordkeeping, and Reporting Requirements
Registration, Recordkeeping, and Reporting Requirements U.S. EPA Office of Transportation and Air Quality John Weihrauch Renewable Fuels Standard (RFS) National Biodiesel Board Webinar July 11, 2007 Topics
More informationThe Energy Independence and Security Act (EISA): Proposed Changes to the Renewable Fuel Standard Program (RFS2)
The Energy Independence and Security Act (EISA): Proposed Changes to the Renewable Fuel Standard Program (RFS2) Presentation to the NAS Biofuels Workshop Madison, WI. June 23-24, 2009 1 Agenda Background
More informationGHG Emissions Reductions due to the RFS2
GHG Emissions Reductions due to the RFS2 LCA.6075.116_r.2015 November 23, 2015 Prepared by: Susan Boland Stefan Unnasch DISCLAIMER This report was prepared by Life Cycle Associates, LLC for the Renewable
More informationThe U.S. Renewable Fuel Standard Background, Controversies, & Reform, or, This Crisis, or the Next?
The U.S. Renewable Fuel Standard Background, Controversies, & Reform, or, This Crisis, or the Next? Argus Global Gasoline Conference May 8-9, 2018 London, UK Max Pyziur Energy Policy Research Foundation,
More informationLegislative and Regulatory Developments Likely to Affect the U.S. Refining Sector in the Next Decade
Legislative and Regulatory Developments Likely to Affect the U.S. Refining Sector in the Next Decade Round Table Discussion on U.S. Refining OPIS 11 th National Supply Summit October 18, 2009 Dave Hirshfeld
More informationDesigning a Low-Carbon Fuel Standard for the Northeast
Designing a Low-Carbon Fuel Standard for the Northeast Matt Solomon msolomon@nescaum.org Northeast LCFS Workshop Yale University October 14, 2008 What s carbon intensity again? A measure of the total CO
More informationLower Carbon Intensity Solution. How Biodiesel Has Become the Answer to Emission-cutting Initiatives
Lower Carbon Intensity Solution How Biodiesel Has Become the Answer to Emission-cutting Initiatives LCFS LOW-CARBON FUEL STANDARD The Low Carbon Fuel Standard is undeniably altering the transportation
More informationStatus Review of California's Low Carbon Fuel Standard
Research Report UCD-ITS-RR-13-06 Status Review of California's Low Carbon Fuel Standard Spring 2013 (REVISED VERSION) Sonia Yeh Julie Witcover Jeff Kessler Institute of Transportation Studies University
More informationLow Carbon Fuel Standard i LUC Status
California Environmental Protection Agency Air Resources Board Low Carbon Fuel Standard i LUC Status February 20, 2013 LCFS Requirements Requires a 10 percent reduction in the carbon intensity(ci) by 2020;
More informationCalifornia Greenhouse Gas Vehicle and Fuel Programs
NCSL Advisory Council on Energy California Greenhouse Gas Vehicle and Fuel Programs Charles M. Shulock California Air Resources Board November 28, 2007 Overview AB 32 basics GHG tailpipe standards Low
More informationRFS2: Where Are We Now And Where Are We Heading? Paul N. Argyropoulos
Agricultural Outlook Forum Presented: February 24-25, 2011 U.S. Department of Agriculture RFS2: Where Are We Now And Where Are We Heading? Paul N. Argyropoulos Office of Transportation and Air Quality
More informationHow to Get to a Biofuels Future. Governors Ethanol Coalition Chicago, Illinois April 2008
How to Get to a Biofuels Future Governors Ethanol Coalition Chicago, Illinois April 2008 Coalition s Previous Policy Recommendations and Status Called for the Creation of a National Renewable Fuels Standard
More informationCreating a Large, Guaranteed Market for Advanced Biofuels Through a Low Carbon Fuel Standard
www.e2.org Creating a Large, Guaranteed Market for Advanced Biofuels Through a Low Carbon Fuel Standard Adopted in April 2009, California s Low Carbon Fuel Standard (LCFS) will guarantee a market of up
More informationUnderstanding the RFS and RINs. Geoff Cooper Renewable Fuels Association August 29, 2018
Understanding the RFS and RINs Geoff Cooper Renewable Fuels Association August 29, 2018 Million Gallons To understand RINs, you must first understand the RFS 36,000 Renewable Fuel Standard (RFS2) Statutory
More informationHow to Double Your Dollars for Biogas. MWEA Annual Conference June 19, 2017 David Wrightsman, P.E. Energy Systems Group
How to Double Your Dollars for Biogas MWEA Annual Conference June 19, 2017 David Wrightsman, P.E. Energy Systems Group Agenda Renewable Natural Gas Renewable Fuel Standard Define Renewable Identification
More informationEnvironment and Climate Change Canada Clean Fuel Standard for ISCC Stakeholder Meeting North America
Environment and Climate Change Canada Clean Fuel Standard for ISCC Stakeholder Meeting North America Lorri Thompson, Head Regulatory Development Fuels Section, Oil Gas and Alternative Energy Division December
More informationThe Northeast / Mid-Atlantic Low-Carbon Fuels Initiative Matt Solomon
The Northeast / Mid-Atlantic Low-Carbon Fuels Initiative Matt Solomon MIT-NESCAUM Endicott House Symposium Dedham, MA August 12, 2009 What s an LCFS again? Performance-based standard for fuels Does not
More informationPropane Education and Research Council LCA C.2011, 16 Nov REVIEW OF LIFE CYCLE GHG EMISSIONS FROM LPG RIDING MOWERS
REVIEW OF LIFE CYCLE GHG EMISSIONS FROM LPG RIDING MOWERS Stefan Unnasch and Larry Waterland, Life Cycle Associates, LLC 1. Summary This paper examines the greenhouse gas (GHG) emissions from liquefied
More informationFARMLAND MARKETS: PROFITABILITY AND FUTURE PERSPECTIVES
FARMLAND MARKETS: PROFITABILITY AND FUTURE PERSPECTIVES Title: The RFS and Grain and Oilseed Markets: All Eyes on the EPA Presenter: Scott Irwin Affiliation: University of Illinois Wednesday, November
More informationUC DAVIS SUSTAINABLE TRANSPORTATION ENERGY PATHWAYS
UC DAVIS SUSTAINABLE TRANSPORTATION ENERGY PATHWAYS Low Carbon Fuel Standard (LCFS) Update December 8, 2017 STEPS Fall Symposium Julie Witcover Ass t Project Scientist CA LCFS: 10% Reduction in Carbon
More informationBiofuels: Implications for Prices and Production. Darrel L. Good and Scott H. Irwin
Biofuels: Implications for Prices and Production Darrel L. Good and Scott H. Irwin Why Ethanol? Convert relatively abundant domestic sources of energy into a substitute for imported petroleum Energy Conversion
More informationWhy California's Low Carbon Fuel Standard Matters To You
Why California's Low Carbon Fuel Standard Matters To You OPIS National Supply Summit October 24, 2012 Las Vegas David Hackett 1 Agenda Ø What is the California LCFS? Ø What is the impact of the LCFS? Ø
More informationRenewable Fuels: Overview of market developments in the US and a focus on California
Renewable Fuels: Overview of market developments in the US and a focus on California Cynthia Obadia Cynthia Obadia Consulting Renewable fuel s growth driven by incentives from RFS and LCFS RFS - Federal
More informationState of the States NATIONAL BIODIESEL BOARD. Jacobsen Conference. Shelby Neal. May 24, 2018 Chicago, IL
NATIONAL BIODIESEL BOARD State of the States Jacobsen Conference May 24, 2018 Chicago, IL Shelby Neal Director of State Governmental Affairs National Biodiesel Board 1 NATIONAL BIODIESEL BOARD Represent
More informationRenewable Fuel Standard
Renewable Fuel Standard prepared for: AICHE Meeting January 27, 2015 Turner, Mason & Company International consulting practice since 1971 Downstream focus; refinery/chemical engineers Industry and financial
More informationLatest Biofuels Developments in the USA
Latest Biofuels Developments in the USA Joint ISCC Technical Committee Meeting North & South America Presented by: Steffen Mueller, PhD & Jacki Cassady June 24, 2015 info@genscape.com US: +1 502 583 3435
More informationOverview Air Qualit ir Qualit Impacts of
Air Quality Impacts of Expanded Use of Ethanol National Association of Clean Air Agencies Fall Membership Meeting October 28, 2007 Bob Fletcher, Chief Stationary Source Division California Environmental
More informationINDIRECT LAND USE CHANGE, LOW CARBON FUEL STANDARDS, & CAP AND TRADE: The Role of Biofuels in Greenhouse Gas Regulation
INDIRECT LAND USE CHANGE, LOW CARBON FUEL STANDARDS, & CAP AND TRADE: The Role of Biofuels in Greenhouse Gas Regulation Matthew Carr Policy Director, Industrial & Environmental Section Biotechnology Industry
More informationRenewable Fuel Standard Potential Economic and Environmental Effects of U.S. Biofuel Policy. Public Release October 4, 2011
Renewable Fuel Standard Potential Economic and Environmental Effects of U.S. Biofuel Policy Public Release October 4, 2011 Renewable Fuel Volume Consumption Mandated by RFS2 40 35 Cellulosic biofuels Advanced
More informationTIER 3 MOTOR VEHICLE FUEL STANDARDS FOR DENATURED FUEL ETHANOL
2016 TIER 3 MOTOR VEHICLE FUEL STANDARDS FOR DENATURED FUEL ETHANOL This document was prepared by the Renewable Fuels Association (RFA). The information, though believed to be accurate at the time of publication,
More informationRenewable Fuel Standard Program (RFS2) 2010 and Beyond
Renewable Fuel Standard Program (RFS2) 2010 and Beyond February 2010 Office of Transportation and Air Quality US Environmental Protection Agency 1 Overview Key Changes Required by EISA Key Highlights of
More informationOverhauling Renewable Energy Markets
Overhauling Renewable Energy Markets Bruce Babcock Iowa State University Presented at Recognizing Risk in Global Agriculture, Ag Symposium, Federal Reserve Bank of Kansas City. July 19, 2011. Kansas City,
More informationComparison of California Low Carbon Fuel Standard with Bush s 20 in 10 Alternative Fuel Standard
Comparison of California Low Carbon Fuel Standard with Bush s 20 in 10 Alternative Fuel Standard Roland J. Hwang Vehicles Policy Director Air & Energy Program Natural Resources Defense Council rhwang@nrdc.org
More informationStatus Review of California s Low Carbon Fuel Standard. July 2014 Issue
Research Report UCD-ITS-RR-14-9 Status Review of California s Low Carbon Fuel Standard July 214 Issue Sonia Yeh Julie Witcover Institute of Transportation Studies University of California, Davis 165 Tilia
More informationBiofuels Call. Randall C. Stuewe, Chairman and CEO John Bullock, EVP North American Specialty Businesses and Chief Strategy Officer August 31, 2015
1 Biofuels Call Randall C. Stuewe, Chairman and CEO John Bullock, EVP North American Specialty Businesses and Chief Strategy Officer August 31, 2015 2 Safe Harbor Statement This presentation contains forward-looking
More informationWilliam Piel
Fuel Options Exist for Expanding Gasoline Supplies without processing additional Crude Oil? E1? E2? E8? ETBE? Which use of in Fuel Provides the Highest Market Value? Which use of results in the Most Non-Petroleum
More informationNext Gen Biofuels Advisory
Next Gen Biofuels Advisory Task Force A Partial Overview of Some Issues, Regulations and Approvals Required for Biofuels September 4, 2012 The information provided in this slideshow is for discussion purposes
More informationGHG Emissions Reductions due to the RFS2: A 2018 Update
GHG Emissions Reductions due to the RFS2: A 2018 Update LCA.6145.199.2019 February 6, 2019 Prepared by: Stefan Unnasch DISCLAIMER This report was prepared by Life Cycle Associates, LLC for the Renewable
More informationPresenter: Bryan Sherbacow
Presenter: Bryan Sherbacow Mr. Sherbacow brings over 15 years of senior leadership experience in corporate development of both industrial process and financial services businesses with expertise in organizational
More informationPETROLEUM REFINING. Industry's Outlook Depends on Market Changes and Key Environmental Regulations. Report to Congressional Requesters
United States Government Accountability Office Report to Congressional Requesters March 2014 PETROLEUM REFINING Industry's Outlook Depends on Market Changes and Key Environmental Regulations GAO-14-249
More informationFILL UP ON FACTS: THE POINT OF OBLIGATION AMERICAN PETROLEUM INSTITUTE. CHAPTER 1 I Introduction to the RFS
FILL UP ON FACTS: CHAPTER 1 I Introduction to the RFS THE POINT OF OBLIGATION AMERICAN PETROLEUM INSTITUTE 1 THE POINT OF OBLIGATION: PASSING THE BUCK TO DISTRIBUTORS Chapter 8: Moving the Point of Obligation
More informationBiofuels: crime against humanity!?
Biofuels: crime against humanity!? Trade and sustainability issues Sadeq Z. Bigdeli World Trade Institute, Berne Model WTO 2008, University of St. Gallen 1 Outline What are biofuels? Why biofuels? Tariff
More informationFuture of Biofuel Use in the United States: An Examination of the Renewable Fuel Standard
Future of Biofuel Use in the United States: An Examination of the Renewable Fuel Standard Emily Beagle WISE Intern - American Society of Mechanical Engineers University of Wyoming Summer 2013 Introduction
More informationUS Refining Industry: Forecasts, Capacity, Challenges
US Refining Industry: Forecasts, Capacity, Challenges Crude Oil Quality Group Cindy Schild, API February 26, 2009 Overview Prices, Earnings & Forecasts Domestic Refinery Industry Capacity Environmental
More informationAddressing Indirect Land Use Change in the NEMA LCFS
Addressing Indirect Land Use Change in the NEMA LCFS Options for Discussion with Stakeholders September 29, 2010 DRAFT Sept. 29, 2010-2 This presentation presents options for consideration and discussion
More informationBioenergy Qualifications
Bioenergy Qualifications Bioenergy Project Evaluation and Due Diligence Services Authors: Jake Jacobi Mark Warren Contact: Chris Vlahoplus ScottMadden and Ascendant Partners Have Recent, Relevant, and
More informationPlease note: This guideline has been updated according to the BPP extension requirements.
Life Cycle Emission Assessment Guideline Please note: The following guideline may be updated from time to time. If there is a discrepancy between this guideline and the grant agreement, the terms of the
More informationU.S. Ethanol Ready For The World Market
U.S. Ethanol Ready For The World Market The United States has plenty of ethanol and is ready and willing to meet foreign market needs. As the U.S. Grains Council (USGC) works with its industry partners
More informationCopyright 2018 Renewable Energy Group, Inc. AFOA Biomass Based Diesel Market Trends
AFOA Biomass Based Diesel Market Trends Agenda Production Trends Modest and steady growth in biodiesel Potential Growth in RD, timeline is uncertain Co-processing volume yet to materialize Market Trends
More informationREFINING SOLUTIONS IN A CHANGING WORLD RFG, RFS, SULFUR, BENZENE, TIER 3 AND BEYOND
REFINING SOLUTIONS IN A CHANGING WORLD RFG, RFS, SULFUR, BENZENE, TIER 3 AND BEYOND Thomas R. Hogan, P.E. Senior Vice President January 22, 2015 Turner, Mason & Company Privately held established 1971
More informationThe Renewable Fuels Standard Deja Vu
The Renewable Fuels Standard Deja Vu + + = National Biodiesel Board Conference February 5, 2008 Paul Machiele,, Director Fuels Center EPA s s Office of Transportation and Air Quality 1 RFS1 Presentation
More informationBIODIESEL FEEDSTOCK OUTLOOK
BIODIESEL FEEDSTOCK OUTLOOK INTL FCStone Financial Inc. September 13 th, 2018 Nate Burk Billy Burns Risk Management Consultant DISCLAIMER The trading of derivatives such as futures, options, and over-the-counter
More informationDepartment of Energy Analyses in Support of the EPA Evaluation of Waivers of the Renewable Fuel Standard November 2012
Department of Energy Analyses in Support of the EPA Evaluation of Waivers of the Renewable Fuel Standard November 2012 Ethanol Demand Curve for 2012 and 2013 In support of EPA analyses of the 2012 RFS
More informationCalifornia s Low Carbon Fuel Standard
California s Low Carbon Fuel Standard Outlook and Opportunities Philip Sheehy, PhD EMA Annual Meeting September 27, 2013 0 Overview Introduction Basic Rules of the Game (a bit redundant with whatever Dan
More informationCanadian indirect tax news
Canadian indirect tax news Alberta carbon levy December 28, 2016 (16-5) Alberta has developed a new Climate Leadership Plan based on the recommendations put forward by the Climate Change Advisory Panel.
More informationReducing GHG Emissions Through National Renewable Fuel Standards
Reducing GHG Emissions Through National Renewable Fuel Standards Transportation Research Board 2010 Environment and Energy Conference Robert Larson, USEPA First Renewable Fuel Standards Established by
More informationCalifornia s Low Carbon Fuel Standard: Compliance Outlook for 2020
Prepared for: In Partnership with: Prepared by: blank page Table of Contents Executive Summary... 1 1. Introduction... 4 1.1. California s Low Carbon Fuel Standard... 4 1.2. Scope of Work... 4 2. Methodology:
More informationOil Refining in a CO 2 Constrained World Implications for Gasoline & Diesel Fuels
Oil Refining in a CO 2 Constrained World Implications for Gasoline & Diesel Fuels Amir F.N. Abdul-Manan & Hassan Babiker Strategic Transport Analysis Team (STAT), Saudi Aramco Agenda 1. Global Mobility
More informationEPA MANDATE WAIVERS CREATE NEW UNCERTAINTIES IN BIODIESEL MARKETS
2nd Quarter 2011 26(2) EPA MANDATE WAIVERS CREATE NEW UNCERTAINTIES IN BIODIESEL MARKETS Wyatt Thompson and Seth Meyer JEL Classifications: Q11, Q16, Q42, Q48 Keywords: Biodiesel, Biofuel Mandate, Waivers
More informationRFS2 Registration Requirements:
RFS2 Registration Requirements: What All Ethanol Producers Need to Know Updated May 10, 2010 Legal Disclaimer: This document is intended for informational use only and does not constitute legal advice.
More informationThe Implementation of RenovaBio: National Biofuel Policy. Pietro A. S. Mendes, DSc Advisor of General Director
The Implementation of RenovaBio: National Biofuel Policy Pietro A. S. Mendes, DSc Advisor of General Director Brazilian energy system structure Policymaking PRESIDENT OF REPUBLIC National Energy Policy
More informationDeveloping Profitable Biogas Projects: Key Policy Drivers
Developing Profitable Biogas Projects: Key Policy Drivers Presented by: Graham Noyes Keyes, Fox & Wiedman LLP American Biogas Council May 27, 2014 Overview of Presentation Renewable Fuel Standard (RFS)
More informationRegulation of Fuels and Fuel Additives: Changes to Renewable Fuel Standard Program; Final Rule (RFS2)
Regulation of Fuels and Fuel Additives: Changes to Renewable Fuel Standard Program; Final Rule (RFS2) Country/ United States Environmental Year and Organization Protection Agency (US EPA) status March
More informationRenewable and Low Carbon Fuel Requirements Regulation Summary:
Summary: 2010-2017 British Columbia s (Regulation) resulted in the avoidance of over 1.36 million tonnes of greenhouse gas emissions globally in 2017, and a total of 7.73 million tonnes between 2010 and
More informationCellulosic Ethanol and Enzymatic Biodiesel Biofuels Plant Upgrades
Renewable Energy Worldwide Cellulosic Ethanol and Enzymatic Biodiesel Biofuels Plant Upgrades Eric McAfee Chairman/CEO October 17, 2017 ABLC San Francisco Mission: Aemetis means One Prudent Wisdom One
More informationBiofuels Outlook - December 2017
December 19, 2017 Biofuels Outlook - December 2017 Biofuels Outlook - December 2017 Despite only a small change in renewable fuel volume requirements for 2018, RIN prices will rise in 2018. The absence
More informationU.S. Biofuels Policy at the Federal and State Levels
U.S. Biofuels Policy at the Federal and State Levels Washington Dialogue Series Trade and Climate Change: Development Aspects of Climate Change Policies of OECD Countries May 5, 2009 Washington, DC Doug
More informationInternal Revenue Service
Internal Revenue Service Number: 201411004 Release Date: 3/14/2014 Index Number: 7704.00-00, 7704.03-00 ------------------------------------------------ --------------------------------------- --------------------------------------
More informationZEVs Role in Meeting Air Quality and Climate Targets. July 22, 2015 Karen Magliano, Chief Air Quality Planning and Science Division
1 ZEVs Role in Meeting Air Quality and Climate Targets July 22, 2015 Karen Magliano, Chief Air Quality Planning and Science Division 2 Meeting Multiple Goals Stable Global Climate 2030 Greenhouse Gas Emission
More informationRenewable Fuels Regulations. Performance Report: December December 2012
Renewable Fuels Regulations Performance Report: December 2010 - December 2012 February 2016 Notice The information contained in this report is compiled from data received by Environment and Climate Change
More informationWHITE PAPER JONES DAY. Hailed as the Bush Administration s first step to address global warming, the Environmental Protection
June 2007 JONES DAY WHITE PAPER The Renewable Fuel Standard Program: First Steps to Address Massachusetts v. EPA Hailed as the Bush Administration s first step to address global warming, the Environmental
More informationFILED 11/17/ :41 PM ARCHIVES DIVISION SECRETARY OF STATE
OFFICE OF THE SECRETARY OF STATE DENNIS RICHARDSON SECRETARY OF STATE LESLIE CUMMINGS DEPUTY SECRETARY OF STATE PERMANENT ADMINISTRATIVE ORDER DEQ 27-2017 CHAPTER 340 DEPARTMENT OF ENVIRONMENTAL QUALITY
More informationACE/Biofuels Journal Webinar March 10, 2011
ACE/Biofuels Journal Webinar March 10, 2011 Where We are Today: The Status of the U.S. Ethanol Industry Producing 13.23 Billion Gallons of Ethanol 12.86 Billion Gallons consumed domestically 397 Million
More informationRENEWABLE / ALTERNATIVE ENERGY RELATED SERVICES PRIMARY CONTACTS. Peter Bartlett. Gary N. Devenish
Baker & O Brien has advised the oil and gas industry on renewable energy sources including biomass, ethanol, wind power, and biodiesel projects. Our experience includes analyzing renewable fuel standards
More informationThe Biodiesel Leader. Renewable Energy Group, Inc. (888) REG /13_00k
The Biodiesel Leader Renewable Energy Group, Inc. (888) REG-8686 www.regi.com Renewable Energy Group and REG are registered trademarks of Renewable Energy Group, Inc. BIOHEAT is a registered trademark
More informationCanada s Passenger Automobile and Light Truck Greenhouse Gas Emission Regulations for Model Years
Informal document No.. WP.29-153 153-1313 (153rd WP.29, 8-11 March 2011, agenda item 6.) Canada s Passenger Automobile and Light Truck Greenhouse Gas Emission Regulations for Model Years 2011-2016 Briefing
More informationRSB reference code: [RSB-STD (Version 3.5)]
2016 Roundtable on Sustainable Biomaterials. All rights reserved. Type of document: RSB Standard Status: Approved for Certification Date of approval: 9 August 2016 Date of publication: 30 August 2016 Version:
More informationThe Clean Energy Biofuels Act of 2008: Promoting Advanced Biofuels in Massachusetts
University of Massachusetts Amherst ScholarWorks@UMass Amherst Conference on Cellulosic Biofuels September 2008 The Clean Energy Biofuels Act of 2008: Promoting Advanced Biofuels in Massachusetts Dwayne
More informationAustralia s Experience in Alternative Transport Fuels. An Overview
Australia s Experience in Alternative Transport Fuels An Overview Main alternative transport fuels in use in Australia Automotive LPG (Autogas) 6% of transport need requirements by volume 5% by energy
More informationLOW CARBON FUELS IN BRITISH COLUMBIA
LOW CARBON FUELS IN BRITISH COLUMBIA International Bioenergy Conference June 2016 Transportation contributed 38 percent of B.C. s GHG emissions in 2012 Agriculture 3% Waste 6% Buildings 12% Other Industry
More informationChallenges to Ethanol Blending in the Southeast
Challenges to Ethanol Blending in the Southeast Agricultural Outlook Forum 2008 Arlington Virginia February 22, 2008 Daniel H. Moenter Manager, State Government Affairs Marathon Oil Corporation Upstream
More informationTHE IMPACT OF THE LCFS ON CALIFORNIA S TRANSPORTATION FUEL MARKET
NEW INDUSTRY STUDY THE IMPACT OF THE LCFS ON CALIFORNIA S TRANSPORTATION FUEL MARKET California s Low Carbon Fuel Standard (LCFS) policy is designed to promote dramatic change in the state s transportation
More informationWestport Innovations Inc.
Energy & Environment Perspectives 2008 1 David Demers, CEO, Westport Innovations Inc. 2 Westport Innovations Inc. Recognized as the world leader in gaseous fuels technology (natural gas, hydrogen, LPG,
More informationEthanol Industry Perspective on The Renewable Fuel Standard
Ethanol Industry Perspective on The Renewable Fuel Standard NCSL 2013 Legislative Summit Aug. 14, 2013 Geoff Cooper Renewable Fuels Association About the Renewable Fuels Association (RFA) Trade association
More informationNew Ultra Low Sulfur Diesel fuel and new engines and vehicles with advanced emissions control systems offer significant air quality improvement.
New Ultra Low Sulfur Diesel fuel and new engines and vehicles with advanced emissions control systems offer significant air quality improvement. The U.S. Environmental Protection Agency (EPA) has issued
More information