Tag Archive: California

Stationary Source Cap & Trade Benchmark Cost is Way Down due to Increased Allowances

March 11, 2020 ,

Stillwater publishes our proprietary daily benchmark price to demonstrate the cost of California’s Stationary Source Cap & Trade (SSC&T) program to refiners. Our readers may have observed that the benchmark SSC&T cost has recently dropped significantly, which begs the question: Why? On December 6, 2019, the California Air Resources Board (CARB) released its 2020 Cap & Trade Vintage Allowance Allocation...
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Food for Thought: Overly Aggressive NOx Reduction Has Delayed California’s Ozone Attainment by 15 Years

February 12, 2020 , ,

February 12, 2020 By Gary Yowell The California Air Resources Board (CARB) has a long and proud history of ambitious reductions to air pollution which CARB deems necessary to meet ambient air quality standards. Continuing this 50-year trend, CARB is considering reducing its heavy-duty vehicles’ nitrogen oxides (NOx) standard by 90%. This new NOx standard[1] would require extensive and expensive...
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95 RON Gasoline and the Political CAFE Ping-Pong Game

January 15, 2020 , , , ,

January 15, 2020 By Ron Pike In an effort to further reduce hydrocarbon consumption in the U.S., 95 RON (Research Octane Number) gasoline has been suggested as a way to help achieve proposed higher corporate average fuel economy (CAFE) requirements. A higher RON allows an internal combustion engine to run at a higher compression ratio, achieve more power, and, therefore,...
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