Regulatory and market updates to California’s Low Carbon Fuel Standard

By Mike McCurdy, P.E., Philip Sheehy, Zach Schofield, and Daniel Jackson

The California Resources Board (CARB) will review proposed amendments to the Low Carbon Fuel Standard (LCFS) in November, with changes expected to take effect at the beginning of 2025. The amendments will implement more stringent carbon intensity reductions by 2030, extend the carbon intensity reduction requirements to 2045, and change the way many low carbon fuels are regulated in the program. The proposed changes aim to align the LCFS program more closely with the 2022 Scoping Plan Update.

Watch the on-demand webinar where our experts break down these fast-approaching changes around LCFS and provide actionable insights so businesses can prepare. You’ll hear more on:

What these proposed changes to the LCFS entail.
How the proposed LCFS updates are expected to impact credit pricing, market dynamics, and compliance strategies.
How changes in California’s LCFS will impact other low carbon fuel markets.

Meet the authors

Mike McCurdy, P.E., Managing Director, Energy Advisory Services

Mike McCurdy is an energy expert with more than 24 years of experience guiding lenders, developers, and select government clients in the financing, sale, and purchase of energy assets. He specializes in photovoltaic, power, renewable chemical, renewable fuels, geothermal, and food processing markets. View bio
Philip Sheehy, Sr. Director

Philip is committed to identifying cost-effective solutions to meet the challenge of decarbonization, with over 15 years of experience navigating the technical, economic, and regulatory challenges associated with decarbonizing transportation fuels. View bio
Zach Schofield, Sr. Analyst
Daniel Jackson, Analyst

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Regulatory and market updates to California’s Low Carbon Fuel Standard

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