California Low Carbon Fuel Standard: Opportunities and Obstacles. Provided to:
|
|
- Clarence Lawson
- 7 years ago
- Views:
Transcription
1 California Low Carbon Fuel Standard: Opportunities and Obstacles Provided to: October 10, 2013 Gregory Staiti Director, Energy Compliance Services Weaver and Tidwell, L.L.P.
2 Overview Program Basics Annual Carbon Intensity (CI) Standards Credits / Deficits Reporting and Registration Regulatory and Legal Update Opportunities Credit generation Credit demand / price escalation Parallel programs Obstacles Rudimentary credit transfer system Enforcement / oversight Credit validation 1
3 Why Do We Care It s the law of the land (in California) California historically is on the leading edge of environmental regulations Possible federal LCFS to succeed or replace for RFS2? Similar initiatives in other states / provinces Bottom line impacts: CI credits have been / will be monetized $76-to-$77 per MT CI credits (OPIS Oct 8, 2013) 2
4 Program Basics LCFS Compliance Obligations for Diesel and its Substitutes (Source: 17 CCR 95482, Table 2) Year Annual CI Standard * *
5 Program Basics Compliance obligation is conceptually simple: Fuel CI > annual standard = compliance deficit Fuel CI < annual standard = compliance credit The devil is in the details! Obligations (and benefits) accrue to the regulated party Applicable to transportation fuel ; includes: California RFG (including CARBOB) California Diesel Fossil- or biogas-based CNG or LNG Electricity (used as vehicular fuel) Denatured fuel ethanol Neat biomass-based diesel But not: aircraft, military, racing, ocean-going vessel or certain locomotive applications 4
6 Program Basics Carbon Intensity: rating based on well-to-wheels analysis of GHG emissions Factors include: Feedstock cultivation/harvesting Production processes Energy inputs (process heat, electricity consumed) Transportation emissions Combustion emissions Indirect land use changes Default CI values established for variety of fuel pathways Must use these values for CARBOB and diesel, and for other fuels that closely correspond to the fuel pathway described in the LCFS Lookup Tables Procedures for modifying or adopting new pathways if fuel does not closely correspond to an established pathway 5
7 Program Basics Selected CI Values for Diesel and Certain Substitutes Fuel Path ID Description Diesel ULSD001 ULSD based on avg crude oil delivered to CA refineries CI Value (gco2e/mj) (Source: 95486(b) Table 7) Biodiesel BIOD001 Conversion of Midwest soybeans Biodiesel BIOD004 Conversion UCO in Midwest to FAME biodiesel Biodiesel BIOD006 Conversion of North American canola to FAME biodiesel Biodiesel BIOD007 Conversion of corn oil, from DG pre-drying 4.00 Biodiesel BIOD008 Conversion of U.S. mixed animal fats biodiesel RD RNWD001 Conversion of Midwest soybeans RD RNWD002 Conversion of tallow
8 Program Basics Quarterly and Annual Reporting Submission via LCFS Reporting Tool (LRT) LRT account is the only required registration Upload generation/transaction information each quarter Facility Registration Voluntary, but difficult to generate credits without it Two key components: Identify fuel CI pathway(s) for product(s) produced CARB will verify; be prepared to provide supporting documentation Identify physical pathway for product(s) produced Maps showing fuel entry into CA Documentation supporting entry (contracts; B/Ls) 7
9 Regulatory and Legal Update Amendments Package Expected this Fall. May include: Cost Containment Options one or more of the following: Credit Window: CARB would sell credits at pre-set price to RPs Funds would be distributed to parties who use or produce low CI fuels Reinvestment: Capital projects that lower CI in lieu of buying credits Credit Multiplier: Favored low-ci fuels would earn extra credits Credit Clearance: Window for buying credits pledged by 3 rd parties, would allow RP to carry deficit > 10% Pre-established fines for non-compliance Online Credit Transfer System (CBTS) Reporting / PTD Changes Mandatory reporting of production facility otherwise, default (punitive) CI Effectively mandates facility registration, tracking of volumes by origin ILUC? 8
10 Regulatory and Legal Update Legal issues are (for the near-term) resolved Ninth Circuit decision last month largely upheld the program s constitutionality Reversed lower court findings that the program is facially discriminatory against out-of-state commerce and impermissibly regulates out-of-state commerce Remanded to lower court to apply additional tests of constitutionality Case will continue, but this is a victory for CARB 9
11 Opportunities Credit Generation Biodiesel and renewable diesel are credit eligible Generally better credit per gallon return than credit-eligible ethanol pathways New pathways under consideration by CARB Facilities can apply for unique pathway(s) if they outperform a comparable CARB default pathway or are materially different Credit Price Escalation Prices were ~$15-20 per MT in early December Now above $75 per MT Growing appreciation of future costs to comply Credits do not expire today s surplus is tomorrow s necessity 10
12 Opportunities 2,500, Deficit Obligations and Credit Opportunities for Different Fuel Types* CARBOB (99.18) 2,000,000 1,500,000 1,000,000 1,915, ,969 1,525,732 1,331,592 1,284, , ,429 Corn Ethanol (81.75) Corn Ethanol (90.1) CARB Diesel (98.03) 500, , ,150 Midwest Soy Biodiesel (83.25) 0 Midwest Soy Renewable Diesel (82.16) (500,000) (325,498) CA UCO Biodiesel (with cooking) (15.84) (1,000,000) (1,500,000) *Assumptions billion gasoline demand (E10) billion diesel demand (B5) Midwest UCO Biodiesel (with cooking) (18.72) Corn Oil Biodiesel (4) (2,000,000) (1,903,037) Per 2012 CA BOE Tax Figures U.S. Tallow (FAME) Biodiesel (40.18) (2,500,000) U.S. Tallow - Renewable Diesel (high energy) (39.33) 11
13 Opportunities 2,500, Deficit Obligations and Credit Opportunities for Different Fuel Types* 2,000,000 1,500,000 1,000, ,000 0 (500,000) (1,000,000) (1,500,000) (2,000,000) (2,500,000) (3,000,000) (2,667,372) 1,857, ,057 (488,247) 218, ,115 *Assumptions 1,517,697 1,323,558 1,276, , , billion gasoline demand (E10) billion diesel demand (B5) Per 2012 CA BOE Tax Figures CARBOB (99.18) Corn Ethanol (81.75) Corn Ethanol (90.1) CARB Diesel (98.03) Midwest Soy Biodiesel (83.25) Midwest Soy Renewable Diesel (82.16) CA UCO Biodiesel (with cooking) (15.84) Midwest UCO Biodiesel (with cooking) (18.72) Corn Oil Biodiesel (4) U.S. Tallow (FAME) Biodiesel (40.18) U.S. Tallow - Renewable Diesel (high energy) (39.33) 12
14 Opportunities LCFS developments at state / province level Oregon: implemented Phase 1 of their LCFS program Dec 2012 British Columbia Renewables mandates for gasoline and diesel CI targets less favorable to ethanol and biodiesel Northeast States: coordinating LCFS development via NESCAUM Possibility of federal action? 13
15 Obstacles Enforcement / Oversight No attest audit requirement Recent changes open up participation to out-of-state entities, including: Non-California producers of ethanol and biomass-based diesel Entities between the non-california producer and the importer into California Can CARB effectively police this program (particularly out-of-state participants)? Biofuel exports out of California No express requirement for exporter to retire credits 14
16 Obstacles Credit validation Probability of industry-lead push for credit due diligence LCFS QAPs focus on different issues from RFS QAPs Production consistent with registered CI value(s) Tracking commingled feedstocks/volumes Physical pathway verification Verifying no duplicative credit generation Who will bear the cost? Where s the benefit? Will CARB relax penalties for verified credits? 15
17 Political challenges Obstacles WSPA s legislative agenda targets LCFS Predict refiner cost increase >$2.50 per gallon by through combination of LCFS and Cap-and-Trade Arguments parallel debate at the national level against RFS While AB32 still enjoys broad-based support in Sacramento, biofuel interests may need to step up advocacy 16
18 Questions? Thank you for your time and attention. If you have any questions, please feel free to contact me: Greg Staiti Director, Energy Compliance Services Weaver LLP D: M: E: 17
Governor s Executive Order, 09-05 Dept. of Ecology, Air Quality Program Bob Saunders
Governor s Executive Order, 9-5 Dept. of Ecology, Air Quality Program Bob Saunders New Date New Topic Format Mar 25 May 18 Jul 17 Alternatives Input; possibly review econ input highhlights, i.e.investment,
More informationThink Green. Think Waste Management.
Think Green. Think Waste Management. Chuck White Director of Regulatory Affairs/West Waste Management SoCalGas Renewable Natural Gas Seminar Closing the Loop on Renewable Fuel June 14, 2011 Los Angeles,
More informationGLOBAL BIOFUELS OUTLOOK 2010-2020 MAELLE SOARES PINTO DIRECTOR BIOFUELS EUROPE & AFRICA WORLD BIOFUELS MARKETS, ROTTERDAM MARCH 23, 2011
GLOBAL BIOFUELS OUTLOOK 2010-2020 MAELLE SOARES PINTO DIRECTOR BIOFUELS EUROPE & AFRICA WORLD BIOFUELS MARKETS, ROTTERDAM MARCH 23, 2011 Presentation Overview Global Outlook Biofuels Mandates in 2010 Total
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 informationCalifornia s Cap-and-Trade Voluntary Renewable Electricity Program
California s Cap-and-Trade Voluntary Renewable Electricity Program Cap-and-Trade Overview Outline Purpose of the Voluntary Renewable Electricity Account (VRE) Holding Account VRE Program Requirements Application
More information2/23/2011. Our Multi-Client Services. Global Biofuels Center. Presentation Overview
2/23/211 Presentation Overview Biofuels Policy & Market Issues in the U.S. Intertek Trends in Energy Kuntal Vora, Manager, Alternative Fuels Service February 1, 211 Capabilities and Product Offerings Global
More informationThe Impact of the Low Carbon Fuel Standard and Cap and Trade Programs on California Retail Diesel Prices. California Trucking Association
The Impact of the Low Carbon Fuel Standard and Cap and Trade Programs on California Retail Diesel Prices California Trucking Association 4148 East Commerce Way Sacramento, CA 95834 916 373-3500 www.caltrux.org
More informationA Conversational Guide to Renewable Identification Numbers (RINs) in the U.S. Renewable Fuel Standard
www.theicct.org BRIEFING MAY 2014 A Conversational Guide to Renewable Identification Numbers (RINs) in the U.S. Renewable Fuel Standard The U.S. Renewable Fuel Standard (RFS2) promotes the use of biofuels
More informationCHAPTER 3: WHAT DOES MY COMPANY NEED TO DO TO COMPLY WITH THE CAP-AND-TRADE REGULATION?
CHAPTER 3: WHAT DOES MY COMPANY NEED TO DO TO COMPLY WITH THE CAP-AND-TRADE REGULATION? 3.1 Register with the Cap-and-Trade Program The Compliance Instrument Tracking System Service (CITSS) is a market
More informationMarch 2016. Biodiesel Industry Overview & Technical Update
March 2016 Biodiesel Industry Overview & Technical Update 1 Topics for Today: Biodiesel Industry Overview Biodiesel Benefits Biodiesel ASTM Fuel Specifications & Quality Legislative Updates Impacting Demand
More informationGlobal Biofuels Outlook to 2020. Alternative Aviation Fuel In Asia Singapore February 15-16, 2012
Global Biofuels Outlook to 2020 Alternative Aviation Fuel In Asia Singapore February 15-16, 2012 Overview 1. Global Product Demand 2. Global Biofuels Mandate 3. Biofuels Penetration in the Global On-road
More informationState Ethanol Blending Laws
State Ethanol Blending Laws This paper examines the recently passed ethanol blending laws in North Carolina, South Carolina (both currently under litigation), and Missouri. These blending laws effectively
More informationGlobal Bioenergy Partnership
Global Bioenergy Partnership Working together to promote bioenergy for sustainable development RECENT EU AND US PROPOSALS IN THE FIELD OF BIOFUELS: THE CRITICAL ASPECTS OF SUSTAINABILITY 13 May 2009 MEDREC
More informationFrom Biomass. NREL Leads the Way. to Biofuels
From Biomass NREL Leads the Way to Biofuels The Wide World of Biofuels Fuel Source Benefits Maturity Grain/Sugar Ethanol Biodiesel Corn, sorghum, and sugarcane Vegetable oils, fats, and greases Produces
More informationAir Resources Board. Mary D. Nichols, Chairman 1001 I Street P.O. Box 2815 Sacramento, California 95812 www.arb.ca.gov
Linda S. Adams Secretary for Environmental Protection Air Resources Board Mary D. Nichols, Chairman 1001 I Street P.O. Box 2815 Sacramento, California 95812 www.arb.ca.gov Arnold Schwarzenegger Governor
More informationEnhancing International Cooperation on Biomass
Enhancing International Cooperation on Biomass 1 Biofuels- issues, challenges and options J. Gururaja Energy and Dransport Branch Department of Economic and Social Affairs United Nations New York > 2 Key
More informationLAW OF BIOFUELS Tax Issues
LAW OF BIOFUELS Tax Issues Charles S. Lewis III Stoel Rives LLP 600 University Street, Suite 3600 Seattle, WA 98101 206-386-7688 cslewis@stoel.com Robert T. Manicke Stoel Rives LLP 900 SW Fifth Avenue,
More informationGreenhouse Gas Reporting Guidance for Suppliers of Transportation Fuels and Natural Gas Fuels
1. Introduction Greenhouse Gas Reporting Guidance for Suppliers of Transportation Fuels and Natural Gas Fuels The following guidance is provided by the California Air Resources Board (ARB) to transportation
More informationCalculating Carbon Intensity: Implications of Projection Horizon and Future Land Use Prepared for the Renewable Fuels Association
April 30, 2009 Calculating Carbon Intensity: Implications of Projection Horizon and Future Land Use Prepared for the Renewable Fuels Association Project Team David Harrison, Jr., Ph.D. Albert L. Nichols,
More informationReview of the Boston Consulting Group Understanding the Impact of AB32 Report. Final Report
Review of the Boston Consulting Group Understanding the Impact of AB32 Report Final Report Prepared for California Business Alliance for a Green Economy Date: October 5, 2012 Prepared by TIAX LLC 20813
More informationBiodiesel in Oregon: Policies, Programs, and Incentives. Local. Cleaner. Better.
Biodiesel in Oregon: Policies, Programs, and Incentives Local. Cleaner. Better. 1 SeQuential Biodiesel Founded in 2005 Community Centric Production Capacity 6.5 mgy Feedstock: Used Cooking Oil Collection
More informationWell-to-Wheels Energy and Emission Impacts of Vehicle/Fuel Systems Development and Applications of the GREET Model
Well-to-Wheels Energy and Emission Impacts of Vehicle/Fuel Systems Development and Applications of the GREET Model Michael Wang Center for Transportation Research Argonne National Laboratory California
More informationUSA - California Cap-and-Trade Program
1 5 International Carbon Action Partnership USA - California Cap-and-Trade Program General Information Summary Status: ETS in force Jurisdictions: California Initiated in 2012, the Californian cap-and-trade
More informationProposal to Expand the LCFS Credit Trading Market November 18, 2011 (Revised)
www.e2.org Executive Summary Proposal to Expand the Market November 18, 2011 (Revised) A major benefit of the California Low Carbon Fuel Standard is the creation of a market for lower Carbon Intensity
More informationTECHNICAL SUPPORT DOCUMENT AMENDMENTS TO COMAR 26.09. MD CO 2 Budget Trading Program FOR JULY 26, 2013 PREPARED BY:
TECHNICAL SUPPORT DOCUMENT FOR AMENDMENTS TO COMAR 26.09 MD CO 2 Budget Trading Program JULY 26, 2013 PREPARED BY: MARYLAND DEPARTMENT OF THE ENVIRONMENT 1800 Washington Boulevard Baltimore Maryland 21230
More informationThe Next Generation Near-Zero Emission Natural Gas Vehicles
The Next Generation Near-Zero Emission Natural Gas Vehicles Jeff Reed Director of Emerging Technologies Southern California Gas Company November 29, 2011 1 2006 The Gas Company. All copyright and trademark
More informationBIOENERGY IN GERMANY: STATUS QUO AND OUTLOOK
fnr.de BIOENERGY IN GERMANY: STATUS QUO AND OUTLOOK Berlin 24 Oct 2014 Vincent Pelikan Outline Bioenergy in Germany The Agency for Renewable Resources (FNR) A Success Story Status quo o Bioenergy as a
More informationCANADIAN RENEWABLE ENERGY POLICIES. Matthew H. Brown InterEnergy Solutions 2007
CANADIAN RENEWABLE ENERGY POLICIES Matthew H. Brown InterEnergy Solutions 2007 The following offers an overview of Canadian federal and provincial policies that promote renewable energy. It is excerpted
More informationEBB Presentation State of Play of European Biodiesel. Raffaello Garofalo. European Biodiesel Board. Secretary General EBB
EBB Presentation State of Play of European Biodiesel 1. Brief Presentation of the European Biodiesel Market and perspective Market Status Trends of energy consumption in the EU 2. International biodiesel
More informationARB s Diesel Emissions Programs
ARB s Diesel Emissions Programs Green Fleets: Kicking Tires and Crunching Numbers April 7, 2008 Kathleen Mead, Manager Retrofit Implementation Section Mobile Source Control Division Presentation Outline
More informationUK experience of the Renewable Transport Fuel Obligation (RTFO) and policies to promote the development of waste-derived and advanced biofuels
UK experience of the Renewable Transport Fuel Obligation (RTFO) and policies to promote the development of waste-derived and advanced biofuels European Biofuels Technology Platform 6 th Stakeholder Plenary
More informationEFFECTS OF AN RFS ON U.S. ENERGY SAVINGS, NATIONAL COSTS OF GASOLINE PRODUCTION, AND THE REGIONAL PATTERN OF ETHANOL USE
EFFECTS OF AN RFS ON U.S. ENERGY SAVINGS, NATIONAL COSTS OF GASOLINE PRODUCTION, AND THE REGIONAL PATTERN OF ETHANOL USE Prepared for American Petroleum Institute By MathPro Inc. May 23, 25 MathPro Inc.
More informationSystem Basics for the certification of sustainable biomass and bioenergy
ISCC 201 System Basics System Basics for the certification of sustainable biomass and bioenergy ISCC 11-03-15 V 2.3-EU Copyright notice ISCC 2011 This ISCC document is protected by copyright. It is freely
More informationPolicy Options for Integrated Energy and Agricultural Markets and Global Biofuels Impacts
Policy Options for Integrated Energy and Agricultural Markets and Global Biofuels Impacts Wally Tyner Collaborators: Dileep Birur, Tom Hertel, Farzad Taheripour Main Topics Energy and agricultural markets
More informationAGRICULTURE FOR FOOD AND FOR BIOENEGY: IS IT POSSIBLE?
GLOBAL SUSTAINABLE BIOENERGY PROJECT AGRICULTURE FOR FOOD AND FOR BIOENEGY: IS IT POSSIBLE? Dr. Rodolfo Quintero-Ramírez March 24 th, 2010 Sao Paulo, Brazil ? FOOD ANIMAL FEED AGRICULTURE BIOENERGY BIOPRODUCTS
More informationThe Economic Impact of the Biodiesel Industry on the U.S. Economy
The Economic Impact of the Biodiesel Industry on the U.S. Economy A study for: National Biodiesel Board November 2013 Research and analysis to inform your business decisions LMC International Oxford 4
More informationEnvironmental Operational Reporting and Offset Management Standard
Environmental Operational Reporting and Offset Management Standard PURPOSE AND SCOPE The purpose of this Standard is to specify the National Australia Bank Limited s (NAB Ltd) requirements for managing
More informationINTRODUCTION TO THE ETHANOL SUPPLEMENT
INTRODUCTION TO THE Program planning for export market development must take into account the diversity of market development programs, geographic realities, economic conditions, the nature of constraints
More informationBiofuels in Canada: Tracking progress in tackling greenhouse gas emissions from transportation fuels
Biofuels in Canada: Tracking progress in tackling greenhouse gas emissions from transportation fuels Canadian biofuel mandates, volumes, feedstocks and avoided greenhouse gas emissions March 29 th, 2016
More informationThe facts on biodiesel and bioethanol
Renewable biofuels for transport The facts on biodiesel and bioethanol BABFO BRITISH ASSOCIATION FOR BIO FUELS AND OILS RECYCLING CARBON Sustainable development is a key priority for Defra, by which we
More informationThe Market for Petroleum-Based Electrical Generation Capacity in the United States
THE POTENTIAL MARKET FOR BIODIESEL AS A RENEWABLE ALTERNATIVE FUEL FOR THE GENERATION OF ELECTRICITY IN THE UNITED STATES BY LEROY WATSON, DIRECTOR OF REGULATORY MANAGEMENT NATIONAL BIODIESEL BOARD OCTOBER
More informationThe European Renewable Energy Directive and international Trade. Laurent Javaudin Delegation of the European Commission to the U.S.
The European Renewable Energy Directive and international Trade Laurent Javaudin Delegation of the European Commission to the U.S. The European Union 27 Member States 490 million people 2 Outline The Present:
More informationThe Journal of Science Policy & Governance
The Journal of Science Policy & Governance POLICY MEMO: INCREASING SUSTAINABLE BIOMASS THROUGH PRODUCTION TAX CREDITS BY Ashley Paulsworth ashley0paulsworth@gmail.com Executive Summary As various tax credits
More informationREG signs agreement with three biodiesel plants to consolidate
REG signs agreement with three biodiesel plants to consolidate Biodiesel industry leader to acquire 105 MGY of additional capacity in Iowa and Illinois to meet diesel market demand AMES, Iowa (May 11,
More informationChuck Neece Director Research and Development FUMPA BioFuels
Chuck Neece Director Research and Development FUMPA BioFuels What is Biodiesel? Just give me the Facts! Biodiesel is Not! Just filtered grease or oil in your tank This would not be chemically changed to
More informationCanadian Oil Sands. Enhancing America s Energy Security
Canadian Oil Sands Enhancing America s Energy Security May 2011 The importance of Canada s oil sands stems from the value of oil to our economy and energy security. Global demand for energy continues to
More informationCALIFORNIA POLICY BRIEFING MEMO MOTOR VEHICLE FUEL DIVERSIFICATION
IMPACT OF CALIFORNIA TRANSPORTATION POLICIES ON LONG TERM FUEL DIVERSIFICATION, FUEL PRODUCER MARKET POWER, AND MOTOR VEHICLE FUEL (GASOLINE AND DIESEL) PRICES James Fine, PhD, Senior Economist, Environmental
More informationBioFuels: Understanding their Potential and Limitations. Jim Glancey Departments of Bioresources Engineering and Mechanical Engineering
BioFuels: Understanding their Potential and Limitations Jim Glancey Departments of Bioresources Engineering and Mechanical Engineering University of Delaware Newark, DE 19716 Discussion Items The Basics
More informationPETROLEUM WATCH September 16, 2011 Fossil Fuels Office Fuels and Transportation Division California Energy Commission
PETROLEUM WATCH September 16, 2011 Fossil Fuels Office Fuels and Transportation Division California Energy Commission Summary As of September 14, retail regular-grade gasoline prices in California increased
More informationBuilding a Sustainable Biofuels Business: an Overview of the Market and BP Biofuels
Building a Sustainable Biofuels Business: an Overview of the Market and BP Biofuels BP Biofuels a growing alternative Presentation title second line if required Kristen Kurczak, BP Biofuels Johannesburg,
More informationCDP7 and OneReport Comparison
24 27 47 KEY Matches data requested within Related to data requested within Not found in and Comparison # 1.1 2.1 3.1 4.1 5.1 6.1 Regulatory Risk Physical Risk General Risk Regulatory Physical General
More informationClean Fuels Program Reporting Tool User Guide
Clean Fuels Program Reporting Tool User Guide Oregon Department of Environmental Quality Environmental Solutions Division 811 SW 6 th Ave. Portland OR 97204 Contact: Cory-Ann Wind, wind.cory@deq.state.or.us,
More informationCalifornia Barriers to the Development of RNG as a Transportation Fuel
California Barriers to the Development of RNG as a Transportation Fuel Technological, Economic and Environmental Potential of Natural Gas as a Sustainable Transportation Fuel in the United States October
More informationEU policy outlook on biofuels
EU policy outlook on biofuels PLATTS Biofuels Seminar, 13 April 2016. Geneva Ruta Baltause European Commission, DG - Renewable and CCS Unit Agreed headline targets 2030 Framework for Climate and 2020-20
More informationOilseed, Biodiesel and Ethanol Subsidies & Renewable Energy Mandates: US Federal & Selected State Initiatives
Oilseed, Biodiesel and Ethanol Subsidies & Renewable Energy Mandates: US Federal & Selected State Initiatives Agricultural Marketing Policy Center Linfield Hall P.O. Box 172920 Montana State University
More informationC. Business & Energy Tax Credits (Article 3B) 1. General Information a. Franchise, Income, or Gross Premium Tax Election (G.S. 105-129.
C. Business & Energy Tax Credits (Article 3B) 1. General Information (Applies to all credits under this article unless otherwise noted.) a. Franchise, Income, or Gross Premium Tax Election (G.S. 105-129.17(a))
More informationAPPENDIX 4.8 - REG. REG: Greenhouse Gas Regulations
APPENDIX 4.8 - REG REG: Greenhouse Gas Regulations APPENDIX 4.8 REG: GREENHOUSE GAS REGULATIONS Climate change has relatively recently become widely recognized as a threat to the global climate, economy,
More informationPolicy Measures for Improving Air Quality in the U.S.
Policy Measures for Improving Air Quality in the U.S. The 4 th SINO-US Workshop on Motor Vehicle Pollution Prevention and Control Office of Transportation and Air Quality Mission and Focus EPA The mission
More informationFederal Incentives Provided by EPAct 2005 for Advanced Coal Technology
Federal Incentives Provided by EPAct 2005 for Advanced Coal Technology Presentation to Advanced Coal Technology Work Group David Berg DOE Office of Policy and International Affairs 1 EPAct 2005: Toolkit
More informationSTATEMENT OF HOWARD GRUENSPECHT DEPUTY ADMINISTRATOR ENERGY INFORMATION ADMINISTRATION U.S. DEPARTMENT OF ENERGY BEFORE THE
STATEMENT OF HOWARD GRUENSPECHT DEPUTY ADMINISTRATOR ENERGY INFORMATION ADMINISTRATION U.S. DEPARTMENT OF ENERGY BEFORE THE COMMITTEE ON ENERGY AND COMMERCE SUBCOMMITTEE ON ENERGY AND POWER UNITED STATES
More informationRenewable Energy Programs in the 2008 Farm Bill
University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Congressional Research Service Reports Congressional Research Service 1-1-2010 Renewable Energy Programs in the 2008 Farm
More informationRuby: the First Carbon Neutral Pipeline
INTERSTATE PIPELINES EXPLORATION & PRODUCTION Building an excellent EH&S culture. Ruby: the First Carbon Neutral Pipeline Naomi Cortez El Paso Western Pipelines EPA Natural Gas STAR Annual Implementation
More informationUusiutuvat polttoaineet jäte- ja tähdevirroista. Teknologiajohtaja Lars Peter Lindfors, Neste Oil
Uusiutuvat polttoaineet jäte- ja tähdevirroista Teknologiajohtaja Lars Peter Lindfors, Neste Oil Neste Oil in brief A refining and marketing company focused on premium-quality traffic fuels Refining capacity:
More informationEconomic Outcomes of a U.S. Carbon Tax. Executive Summary
Economic Outcomes of a U.S. Carbon Tax Executive Summary [ Overview [ During the ongoing debate on how to address our nation s fiscal challenges, some have suggested that imposing a carbon tax would improve
More informationsite Storage 7 million gallons of feedstock storage and 10 million of biodiesel storage Plant Info
AFOA 2015 Company Highlights Premier operating asset in the industry in terms of: Scale single largest biodiesel production site in North America Flexibility pretreatment system enables use of lower grade
More informationChange is in the Air What Businesses Need to Know. Thomas M. Donnelly, San Francisco Brian L. Sedlak, Chicago Thomas V.
Change is in the Air What Businesses Need to Know Thomas M. Donnelly, San Francisco Brian L. Sedlak, Chicago Thomas V. Skinner, Chicago California s Efforts to Reduce Greenhouse Gas Emissions Renewable
More informationBIOX ANNOUNCES 2016 FIRST QUARTER RESULTS
PRESS RELEASE TSX symbol: BX BIOX ANNOUNCES 2016 FIRST QUARTER RESULTS TORONTO, February 4, 2016 - BIOX Corporation (BIOX) (TSX: BX), a renewable energy company that designs, builds, owns and operates
More information76 staff Five locations Core functions Licensing and Fuel Tax Reporting Collection of Fuel Taxes and Vehicle Registration Fees Refund of State Fuel
1 76 staff Five locations Core functions Licensing and Fuel Tax Reporting Collection of Fuel Taxes and Vehicle Registration Fees Refund of State Fuel Taxes Audits 2 Karla Laughlin Administrator Policy
More informationSoybean Supply and Demand Forecast
Soybean Supply and Demand Forecast U.S. soybean planted acreage is expected to increase 11.5 million acres over the forecast period. U.S. soybean yields are expected to increase 7 bushels per acre or an
More informationEffects of Moving the Compliance Obligation under RFS2 to Suppliers of Finished Products
Effects of Moving the Compliance Obligation under RFS2 to Suppliers of Finished Products Prepared for: Valero Energy Corporation Final Report July 27, 2015 Authors Paul Bernstein, Vice President Robert
More informationTexas Commission on Environmental Quality Page 1 Chapter 19 - Electronic Reporting Rule Project No. 2006-018-019-PR
Texas Commission on Environmental Quality Page 1 The Texas Commission on Environmental Quality (TCEQ or commission) adopts new 19.1, 19.3, 19.10, 19.12, and 19.14. Sections 19.1 and 19.10 are adopted with
More informationWoody Biomass Supply and Demand 1
Woody Biomass Supply and Demand 1 Bryce Stokes, Ph.D. Senior Advisor Navarro Research & Engineering, Inc. Department of Energy, Golden Field Office Golden, CO Introduction Forest biomass is one of the
More informationEnergy Offices Meeting
NASEO 2014 Mid Atlantic Regional State 25x 25: Progressing Towards the Goal Ernie Shea Project Coordinator May 1, 2014 Valley Forge, PA Energy Offices Meeting 25x 25: A National Alliance Formed through
More informationBIODIESEL THE NEW FUEL FROM BRAZIL NATIONAL BIODIESEL PRODUCTION & USE PROGRAM
BIODIESEL THE NEW FUEL FROM BRAZIL NATIONAL BIODIESEL PRODUCTION & USE PROGRAM BIODIESEL: THE NEW FUEL FROM BRAZIL The Brazilian Government has just authorized the commercial use of a new fuel. Brazil
More informationA Report on the Economics of California s Low Carbon Fuel Standard & Cost Containment Mechanisms
A Report on the Economics of California s Low Carbon Fuel Standard & Cost Containment Mechanisms Gabriel E. Lade and C.-Y. Cynthia Lin Prepared for: California Air Resources Board October 2013 PhD Candidate,
More informationLynn M. Suter and Associates
3 Lynn M. Suter and Associates Government Relations GM Memo No. 05-181 August 5, 2005 TO: Joe Wallace, President, and Members of the AC Transit Board of Directors Jim Gleich, DGM FR: RE: Lynn M. Suter
More informationThe future is our most important market Refining with a sustainable vision. Sören Eriksson
The future is our most important market Refining with a sustainable vision Sören Eriksson Preems production and sales Refining 80 % of the total refing capacity in Sweden 30 % of the total refing capacity
More informationOregon Department of Energy Alternative Fuel Vehicle Infrastructure Energy Incentive Program
Oregon Department of Energy Alternative Fuel Vehicle Infrastructure Energy Incentive Program 330-220-0000 Applicability of Rules in OAR 330, division 220 These rules implement the incentive program for
More informationFig A 9 Environmental, social and economic aspect from biofuels production Source: IEA (2011)(International Energy Agency, 2011)
Second and third generation of biofuels i 1. Introduction Biofuels can be classified into 3 generations: First, second and third generation The 2 nd generation biodiesel includes liquid fuels derived from
More informationThe$Mortar$is$Nearly$Set$ $
The$Mortar$is$Nearly$Set$ $ The$Consequences$of$Exceeding$ the$blendwall$in$2013$and$2014$ $ $ $ $ $ $ $ $ $ $ $ $ Ben$Montalbano$ $ $ $ $ $ $ $ $ $ $ $ July$22,$2013$ Introduction Ethanol, when blended
More informationBiomass supply chain issues for power
Biomass supply chain issues for power Richard Taylor APGTF Workshop, London 13 th March 2014 Strategic thinking in sustainable energy E4tech: Strategic thinking in sustainable energy International consulting
More informationEnsuring a Continued Policy for Promoting Renewable Energy U.S. Carbon Cap-And-Trade and Renewable Energy Certificates: A Preliminary Discussion
saines & jacobson 31 Ensuring a Continued Policy for Promoting Renewable Energy U.S. Carbon Cap-And-Trade and Renewable Energy Certificates: A Preliminary Discussion Richard Saines, Baker & McKenzie; REIL
More informationHow To Track Rsw Certified Material
Type of document: RSB Standard Status: Approved for certification Date of approval: 23 September 2014 Date of publication: 28 November 2014 Version: 3.1 RSB Standard for Traceability of RSB Certified Material
More informationFuel Changes Ultra Low Sulfur Diesel and Biodiesel
Fuel Changes Ultra Low Sulfur Diesel and Biodiesel The U.S. Environmental Protection Agency s (EPA) emissions standards for diesel engines manufactured after January 1, 2007 require significant emissions
More informationChapter 7 Fleet Vehicles and Characteristics
7 1 Chapter 7 Fleet Vehicles and Characteristics Summary Statistics from Tables in this Chapter Source Figure 7.1 Fleet cars, 2014 4,443,236 Figure 7.1 Fleet trucks 19,500 lbs. GVW, 2014 4,322,797 Table
More informationONTARIO REGULATION proposed to be made under the
Caution: This draft regulation is provided solely to facilitate dialogue concerning its contents. Should the decision be made to proceed with the proposal, the comments received during consultation will
More informationYoungs California's Energy Future UCB Bioeconomy 2011. Heather Youngs, PhD Bioenergy Analyst University of California, Berkeley
Heather Youngs, PhD Bioenergy Analyst University of California, Berkeley Key Policies that guided this analysis ObjecJves Policy/Report Goals and Milestones California* Petroleum ReducJon Reducing California
More informationCity of Columbus Green Fleet Action Plan
City of Columbus Green Fleet Action Plan 2011-2014 Department of Finance and Management Division of Fleet Management 1 City of Columbus Green Fleet Action Plan 2011-2014 Mayor Michael B. Coleman Section
More informationCRS Report Summaries WORKING DRAFT
CRS Report Summaries R40147 Green Buildings This is a definition and analysis of the cost and benefits of green buildings. It also cites agencies and laws that encourage the building of environmentally
More informationAn Overview of California s Cap and Trade Program
An Overview of California s Cap and Trade Program Presented to the California Marine Affairs & Navigation Conference (CMANC) Winter Meeting 2015 Long Beach, California By Nancy Pfeffer, President, Network
More informationEthanol Usage Projections & Corn Balance Sheet (mil. bu.)
Ethanol Usage Projections & Corn Balance Sheet (mil. bu.) Updated 12/21/215 Historic Est. Prelim. Proj. 216-17 Year: (production/marketing) 1/ 211-12 212-13 213-14 214-15 215-16 Low Med. 4 High Yield (bu.
More informationBadger State Ethanol, LLC Request for Fuel Pathway Determination under the RFS Program Office of Transportation and Air Quality
Badger State Ethanol, LLC Request for Fuel Pathway Determination under the RFS Program Office of Transportation and Air Quality Summary: Badger State Ethanol, LLC ( Badger State ) submitted an Efficient
More informationCalifornia Energy Commission California Perspective on Biofuels and Energy
California Energy Commission California Perspective on Biofuels and Energy USDA/USDOE Biomass Research and Development Technical Advisory Committee Meeting November 19, 2015 Emeryville, California Tim
More informationTechnical/Business Planning: For Small-Scale Oilseed Processing and Biodiesel Production
Agricultural Marketing Resource Center Value-added Agriculture Profile Iowa State University November 2008 Technical/Business Planning: For Small-Scale Oilseed Processing and Biodiesel Production By Gary
More informationSeptember 9, 2015. Mr. John Eichberger Executive Director Fuels Institute 1600 Duke Street, Suite 700 Alexandria, Virginia 22314
September 9, 2015 Mr. John Eichberger Executive Director Fuels Institute 1600 Duke Street, Suite 700 Alexandria, Virginia 22314 RE: CMU Life Cycle Greenhouse Gas Study for Light Duty Vehicles Dear John:
More informationPapapostolou 1, E. Kondili 1, J.K. Kaldellis 2
Technological and Environmental Impacts Evaluation of Biomass and Biofuels Supply Chain Papapostolou 1, E. Kondili 1, J.K. Kaldellis 2 1 Optimisation of Production Systems Lab 2 Soft Energy Applications
More informationThe Medicare and Medicaid EHR incentive
Feature The Meaningful Use Program: Auditing Challenges and Opportunities Your pathway to providing value By Phyllis Patrick, MBA, FACHE, CHC Meaningful Use is an area ripe for providing value through
More informationOn June 28, 2011, the Municipal Services Committee recommended that the City Council adopt the recommendations stated in the subject agenda report.
Agenda Report July 11, 2 0 11 TO: Honorable Mayor and City Council THROUGH: Municipal Services Committee (June 28, 2011) FROM: SUBJECT: Water and Power Department AUTHORIZE THE CITY MANAGER TO ENTER INTO
More information11 th Annual JMP Securities Research Conference
NASDAQ: PEIX 11 th Annual JMP Securities Research Conference May 16, 2012 Cautionary Statements With the exception of historical information, the matters discussed in this presentation including, without
More informationBQ-9000 Quality Management System. Marketer Requirements
BQ-9000 Quality Management System Marketer Requirements Revision 5 Effective Date: February 1, 2009 2009 National Biodiesel Board This requirements document has been prepared by the National Biodiesel
More information