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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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...