California’s AB 32 Law Has Been Generating LCFS Credits,
Fleets & Fuel Suppliers Are Learning How to Take Advantage
Fleets and alternative fuel suppliers are tapping into credit trading and funding programs that come from California’s AB 32 Global Warming Solutions Act of 2006. The Low Carbon Fuel Standard and cap-and-trade program are offering incentives for adopting renewable diesel, renewable natural gas, advanced biofuels, and clean vehicles. This fall, California Air Resources Board voted to readopt LCFS, and several states and Canadian provinces are considering adopting similar programs.
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