Christianson & Associates hosted its second in a series of webinars discussing the upcoming changes to California’s Low Carbon Fuel Standard (LCFS). This webinar, held August 3rd, discusses the most recent LCFS changes presented by the California Air Resources Board (CARB) during their July 29th workshop.
Since early in 2016, CARB has been working on updating the LCFS program. Developments include new pathway and carbon intensity modelling, regulatory changes, and a requirement for third-party verification of Fuel Pathway compliance and LCFS credits transactions. To present these changes, CARB has held a series of workshops at intervals throughout 2016 outlining the proposed changes and has allowed stakeholders the opportunity to provide public comments.
While C&A provided public comments following the first LCFS workshop held by CARB on March 8th, staff members recognized the importance of getting others involved. The sweeping nature of the changes proposed by CARB will mean major changes for all doing biofuels business in California. By presenting free webinars to our customers and others interested in learning about CARB’s proposed changes, C&A has been able to help maximize visibility for what’s happening in the California fuels market and get stakeholders’ concerns heard by CARB.
“Our LCFS webinar series has been designed to summarize the complex LCFS verification regulations being developed and to prepare the producers and other stakeholders to address CARB with their concerns related to these regulations,” says Kari Buttenhoff, C&A’s Compliance Services Manager.
C&A’s first webinar, held June 15th, presents the changes proposed by CARB during their June 2nd workshop. The second webinar held August 3rd details the progression of these changes from the June 2nd to the July 29th workshops, as well as analyzes the potential impact to those doing biofuels business in California. Downloads of these webinars are available for free on the Christianson & Associates website, https://www.christiansoncpa.com/lcfs-webinar-recording/.
CARB’s July 29th workshop included a call for feedback from stakeholders specifically for the three scenarios they presented for the scope and schedule of verifications. C&A’s August 3rd webinar provides a break-down of how three scenarios will impact biofuels reporting parties and pathway holders, and offers assistance for stakeholders to provide feedback to CARB.
C&A will be providing public comments to CARB on August 19th, and will also develop a webinar following CARB’s next LCFS workshop, scheduled for November.