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ADDITIONAL INSIGHT
News
Is COVID-19 a Force Majeure Event?
March 25, 2021
The entire transportation fuels supply chain, from crude oil wellhead to the retail service station dispenser, is full of commercial contracts requiring parties to perform specified acts in specified ways within specified timeframes. The impacts of COVID-19 have disrupted normal business activities and upended commercial transactions which may result in years of litigation. You...
Technology Development
How might the proposed Washington LCFS impact in-state renewable diesel production and use?
March 17, 2021
The Washington state legislature is currently considering legislation (HB 1091) that would require fuel producers and importers to reduce the greenhouse gas emissions attributable to each unit of transportation fuel, a measure known as “carbon intensity.” Carbon intensity includes not only the emissions associated with burning fuels but also the emissions created in extracting and...
Technology Development
How does Hydrogen compare to Biomass-Based Diesel on GHG, PM, and petroleum reduction?
March 3, 2021
Over the last few years, the California state legislature has considered numerous bills which seek to incentivize the replacement of diesel fuel with hydrogen in the transportation sector. Such a transition would require significant investments in hydrogen retail infrastructure and hydrogen fuel cell vehicles (FCVs), and the legislature aims to soften that blow with policy....
Policy
As the RINs Spin
March 2, 2021
With the completion of the current season of refiner quarterly earnings reports, federal Renewable Fuel Standard credits – known as renewable identification numbers, or RINs – prices are once more in the headlines. As RIN prices have increased since the beginning of 2020, it is worth taking another look at this key element of U.S....
Policy
Potential Impacts of LCFS-Style Programs on Fuels Markets
February 15, 2021
Low Carbon Fuel Standard (LCFS) programs are structured to reduce the carbon intensity (CI) of transportation fuels over time by setting progressively stricter CI reduction standards each year. All fuels with CI values higher than the standard, such as petroleum gasoline and diesel, generate deficits. Fuels produced or imported with CIs lower than the standard,...
Policy
Is it time for CARB & EPA to revise vehicle emission and emission-reduction estimates?
February 2, 2021
The California Air Resource Board (CARB) and the U.S. Environmental Protection Agency (EPA) are empowered through the Clean Air Act and other legislation to expeditiously reduce the severity and number of violations to air quality standards.[1] Current environmental policy uses annual pollution levels to measure and define success, but the legislative authority to enact such...
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