11th Annual OPIS LCFS & Carbon Markets Workshop --- December 7-9, 2022 --- San Diego, CA

October 20, 2022

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Next year rings in a new era for jurisdictional cap-and-trade programs as Washington state finally takes a seat at the emissions trading table alongside California and Quebec. While uncertainty remains regarding Washington’s future linkage to the other two established programs, industry participants are busy prepping scenarios for new compliance obligations and learning what trading opportunities are ahead. Changes could also be in the cards for the California Cap-and-Trade Program, which is under regulatory review by state lawmakers.

Meanwhile, in the midst of continued debate on carbon credit quality and standardization, momentum continues in the global voluntary carbon market, which surpassed the $2 billion-mark this summer. With the environmental stakes never higher, the debate about credit integrity and climate project type is poised to continue into 2023.

Low Carbon Fuel Standard (LCFS) programs are in the limelight, especially this year as several programs are launching in the coming months and several existing programs are eyeing major modifications. California’s LCFS is in the middle of a rulemaking process to extend the targets out to 2045, as well as possibly raise the nearer-term targets to 2030. Oregon is working through a few additions and changes of their own with their Clean Fuels Program. Washington state is all set to launch their program at the beginning of 2023, and Canada’s nationwide Clean Fuel Standard is also ready to go in 2023. One thing is certain — there’s never been a stronger demand for low-carbon fuels.

Attend the 11th Annual OPIS LCFS & Carbon Markets Workshop and hear from recognized industry experts as they provide insights on key market topics including:

What are the newest insights on the Washington cap-and-trade program?
How will the supply and demand picture look for the California Cap-and-Trade Program in 2023?
What does 2023 hold for Regional Greenhouse Gas Initiative (RGGI) membership?
Coming off another massive growth year, what is the revenue projection of the voluntary carbon market (VCM) in 2023, and how will the industry reconcile questions regarding credit integrity?
How have the shifting feedstock economics affected renewable diesel and the importance of that fuel for LCFS compliance?
How will CARB finalize the new LCFS targets to 2045, and how substantial will the 2030 changes be for the program?
Will Canada’s nationwide Clean Fuel Standard start to pull low-carbon fuels away from the U.S. in 2023?
How will new policies geared at increasing electric vehicle adoption affect fuel demand in the next decade? READ MORE