CARB Approves First Forestry Carbon Offset Credits

Carbon Markets, Emissions, Environmental Markets

California has issued the first carbon offset credits under its Forestry Protocol, enabling cap-and-trade entities to use forestry projects to offset emissions. On November 13, 2013, the California Air Resources Board (CARB) announced approval of the first carbon offset credits under the cap-and-trade forestry protocol.  CARB issued 1.2 million offset credits to Willits Woods, a…...

EPA Releases 2014 RFS Proposal

Biofuels, Renewables

EPA has proposed standards for the 2014 Renewable Fuels Standard (RFS) program, lowering its annual mandates for the first time and has sought input on waiver petitions to address E10 Blend Wall concerns. Overview On November 15, 2013, the Environmental Protection Agency (EPA) proposed the 2014 RFS requirements to establish annual volumes and percentage standards…...