Oregon was the first state within the US to follow California with a LCFS-like program. In 2009, the state legislature authorized the Environmental Quality Commission (EQC) to reduce the average carbon intensity of transportation fuels 10 percent over a 10-year period. In 2015, the state legislature directed the Department of Environmental Quality (DEQ) to fully implement the Clean Fuels Program (CFP), which began in 2016. The baseline year for the program is 2015 and the rule requires a 10 percent reduction in average carbon intensity from 2015 levels by 2025.
In 2020, after Senate republicans walked out of the legislative process, refusing to vote on a cap and trade program, Governor Kate Brown signed Executive Order 20-04 on March 10, 2020. The Executive order amends Oregon’s original Climate Change Statues greenhouse gas (GHG) reduction goals from:
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03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...