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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11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...