Low Carbon Fuel Standard Credit Program
In an effort to reduce greenhouse gas emissions, the California Air Resource Board (CARB) maintains a program in which producers of high carbon fuels are required to purchase LCFS credits. These credits are generated by low carbon fuel producers.
Producers of petroleum and diesel are purchasing credits from producers of ethanol, bio diesel, hydrogen, and electric charging to meet their deficit shortcoming.
Owners of charging stations for off-road vehicles are now eligible to participate in this program, which is scheduled to be in effect until 2030.
How it Works
Acquire Credits
Credits are allocated quarterly by the California Air Resources Board (CARB).
Sell Your Credits
Once acquired, credits can be sold to regulated parties with a deficit in credits.
Unclaimed Credits
Quarterly credits that go unclaimed by charging station owners are claimed by the electric utility.
Is Your Business Eligible for LCFS Credits?
The opportunity to claim credits is available quarterly to owners of electric lift truck chargers, eTRU shore power, EV chargers, and chargers for heavy duty vehicles. Charger efficiency, battery size, and fleet usage data is used to calculate metric tons of CO2 saved by the low carbon fuel alternative being utilized. This information is delivered to CARB for review and credit assessment. After the CARB 90-day review period credits are allocated and deposited to trading accounts and are then available to be sold to regulated parties who have a deficit due to high carbon fuel production.
What We Do:
Apply for credits on your behalf
File all compliance paperwork
Sell credits to deficit holders on your behalf
Pool large lots of credits from multiple clients to maximize leverage
Monitor market price trends to optimize monetization timing
Forecast market demand for credits
Frequently Asked Questions
As a market trader specialized in the generation and brokering of LCFS credits, we're here to streamline the process of adding a new stream of revenue for your business. Check out these frequently asked questions to learn more about what we do.