Create Additional Economic Value for Your Business with Low Carbon Fuel Credits
To expedite the adoption of low-carbon and carbon-negative fuels, California, Oregon and Washington created comprehensive, statewide credit systems.
- California Low Carbon Fuel Standard (LCFS) Program
- Oregon Clean Fuels Program (CFP)
- Washington Clean Fuel Standard (CFS)
These programs measure the lifecycle carbon intensity of all transportation fuels sold in the state, and then enable businesses to earn financial credits for using fuel with low and negative carbon intensity. The value of these credits varies daily based on the supply of low carbon intensity fuels in the state, the demand for fossil fuels, as well as other market influences.
GNA helps clients leverage these financial credits to reduce their advanced clean vehicle operating costs. Learn more about how GNA’s process and your financial opportunity below.
GNA’s Comprehensive Credit Management Process
GNA works with companies that seek to retain ownership and control of their carbon credit accounts while relying on GNA’s expertise to implement their participation in the program. GNA serves as the fleet’s “back office,” reporting data, brokering credits, and disbursing funds. In the program, the fleet need only:
Authorize GNA as an account administrator
Provide basic information on the charging equipment and location
Provide quarterly data and electricity distributed to EVs
Indicate qualifying expenditures of carbon credit revenues on an annual basis
Delivering Value Through Expertise
Whether your organization is procuring, producing, marketing, investing in, or developing products using renewable and low carbon fuels, GNA has the experience and expertise to help.
Calculate Your Business’ Carbon Credit Potential
If your fleet operates in California or Oregon, you can use the calculator linked below to estimate the number of base credits from California’s Low Carbon Fuels Standard (LCFS), Oregon’s Clean Fuel Program (CFP) or Washington Clean Fuel Standard (CFS) that would be generated on a quarterly and annual basis, determined from the selected vehicle type and the number of identified vehicles in your fleet.
To determine your fleet’s gross revenue potential, please contact GNA’s carbon credit experts to understand the value of the credits calculated (credit values change daily).
| Year | Annually Generated Credits | Quarterly Generated Credits |
|---|---|---|
| 2023 | 0 | 0 |
| 2024 | 0 | 0 |
| 2025 | 0 | 0 |
| 2026 | 0 | 0 |
| 2027 | 0 | 0 |
| 2028 | 0 | 0 |
| 2029 | 0 | 0 |
| 2030 | 0 | 0 |
Start the Conversation
Let’s connect to discuss how to create additional economic value for your business with LCFS credits.
Subscribe to GNA’s Carbon Markets Quarterly e-Newsletter
Carbon Markets Quarterly provides a destination for industry stakeholders to stay up to date on:
- Existing and developing Clean Fuel Standard regulations
- Carbon intensity reduction curves and expectations
- Generation of credits and deficits
- Credit price implications
- Federal incentives, regulatory support, and much more!
Carbon Markets Quarterly is original GNA content that serves with the sole purpose of supporting the industry in navigating and analyzing the latest regional clean fuels news.
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Related News
To learn more about how GNA can support you with these services, read our related articles and insights from the GNA team below.
GNA Surpasses $1 Billion in Secured Grants and Funding for Clean Transportation Clients
Understanding Third-Party Designation Risks in the LCFS Program
CARB Highlights Potential Changes to California LCFS Program
California’s electric truck mandates pose challenges—and opportunities—for small fleets
Electric-truck purchase incentives present big challenges for small fleets, owner-operators
Feds fueling $8B nationwide hydrogen hub investment
The US’ Billion-dollar EV Bus Program Can’t Keep up With Demand
GNA Acquired by TRC, Expanding Sustainable Transportation Solutions for Clients
Electric truck incentives plentiful today but won’t last forever
