User login

Daily News

CARB Eyes Cap On LCFS Credit Prices, Expanded Cost Containment Tool

April 09, 2019
California air board officials are floating a “concept” proposal that would set a first-time cap on low-carbon fuel standard (LCFS) credit prices and expand a cost-containment mechanism, in response to concerns that prices may soar to the point where state lawmakers could suspend the high-profile greenhouse gas reduction program. “There is the concern that, if left uncapped, and the credit price increases substantially . . . that at some point we may see the Legislature get involved and stepping in...

Not a subscriber? Sign up for 30 days free access to exclusive environmental policy reporting as the Trump administration's climate policy collides with the coming Democrat-controlled House of Representatives.