The California Low Carbon Fuel Standard is undergoing radical changes – Are you prepared?
Right now, every aspect of California’s Low Carbon Fuel Standard (LCFS) is being reconsidered during the California Air Resources Board’s (CARB) re-adoption process. The LCFS that emerges this fall could be radically different from the system that operates today.
For fuel marketers, this means new rules for reporting, new penalties for noncompliance and, possibly, price caps on carbon credits. For biofuels producers, it means new feedstock pathway procedures, new calculations for indirect land use change and more recordkeeping. For traders and marketers, it means new opportunities, but new risks, too.
And this is only one major change that will affect the fuels industry this fall, as the state’s unique greenhouse gas cap-and-trade program will be extended to the rack level as of January 1, 2015.
Two Intensive DaysLearn the new LCFS rules inside and out from CARB staff members who are involved in the re-adoption, as well as fuels providers and consultants who live with these rules every day.
OPIS brings experts from both the government and fuels industry together for two days of valuable sessions that cover critical issues, including:
- A possible new penalty structure that could cost violators $1,000 per metric ton per day of excess carbon emissions, even if the violation was not their fault.
- New rules for reporting every fuels transaction.
- CARB’s innovative cost containment strategies to keep the state’s carbon credits from going into 2013’s “RINsanity” territory.
- How new feedstock approval processes and indirect land use calculations could bring new biofuels to market more quickly.
- Why these new rules will affect marketers when refiners choose to pass on the compliance obligation.
- Which trends are being created by the demanding program: Brazilian imports? Biodiesel or renewable diesel? Higher-blend ethanol?
- And much, much more!
In addition to the LCFS, this workshop will focus on the impact of California’s greenhouse gas emissions cap-and-trade program that hits fuel marketers on January 1, 2015. Plus, we’ll look at how California’s fuels programs are spreading to western states and Canada.
You can’t afford to fall behind when it comes to compliance. Register for the 3rd Annual OPIS LCFS Workshop Today!
Thank you to our initial sponsors
Air Pollution Specialist, CARB
President, Western States Petroleum Association
CEO, Community Fuels
Director – Energy Compliance Services, Weaver
“The OPIS conference delivers information and knowledge needed to navigate the regulated markets of California.”
“Provided a lot of insight and information for marketers and suppliers to gain understanding about what to expect from LCFS.”
“Excellent experience and opportunity to understand the regulatory laws around LCFS.”
“This conference cleared up a lot of confusion for industry stakeholders about LCFS and Cap and Trade. Highly recommended.”
“Great overview of state clean fuels programs with excellent networking.”