Taking the steps necessary to get into or stay in the California fuels market is a potentially lucrative business decision.
Ethanol, biodiesel, and other producers of Low Carbon Fuels are in a “win-win” situation:
- Able to gain revenue from the sale of their product
- Gain high value LCFS Credits, which can be sold to petroleum producers and others needing to meet their annual LCFS Carbon Intensity (CI) standards.
** In short, biofuels producers get a premium price for their product! **
While it is well worth the effort, the steps for doing biofuels business in California under the Low Carbon Fuel Standard (LCFS) can be complicated and time consuming – and LCFS is changing. Christianson & Associates is hosting a series of webinars detailing the upcoming changes to LCFS. Use the button below to access your free copy of these recordings.Access the LCFS Webinar Recordings
Pathway Registration Assistance
Securing an approved LCFS pathway doesn’t happen overnight. Our goal at Christianson, PLLP is to save you and your application partner time and headache by simplifying the fulfillment of application requirements. Our independent, third-party “audit in lieu of invoices” reports are a valuable tool for doing just that.
Your application must include copies of every invoice and receipt from the last two years of your plant’s operations related to feedstock purchases, co-product sales, fuel sales, purchases of energy for consumption in the fuel production process, and usage of process ingredients like chemicals, enzymes, and organisms. The sheer volume of documentation required results in a cumbersome and time consuming review process.
At the conclusion of a much smaller review, you’ll be issued an agreed-upon procedures report that clearly and succinctly summarizes the total amounts of these items to include with your application…in lieu of a pallet of paperwork.
By design, it leverages and supplements the existing RFS Annual Attest program with procedures specific to the State of California LCFS regulation and potential concerns from downstream parties about LCFS Credit integrity.
A separate certificate is issued allowing you to show downstream parties you’ve taken extra measures to demonstrate the integrity of your product.
The goal is to provide further (but not duplicative) transparency and assurance without prohibitive costs.
If you’re interested in bringing your RFS attest over to Christianson, PLLP, or are interested in seeing how we can supplement it with additional LCFS-specific considerations, contact us today.
While the details of the verification program are still developing, the goal is to improve the credibility of and confidence in the LCFS credit market.
Whether you produce or blend ethanol, biodiesel, biogas, or another renewable fuel, the decision to do the heavy lifting with the LCFS this year may benefit your business now and will ensure you’re not playing catch up later.
What are your primary concerns with an LCFS third-party verification program? What do you think this program should look like? Contact us to help you navigate the myriad of upcoming changes to LCFS.Contact Us