Effective January 1, 2024, the Low Carbon Fuels Act replaces the Greenhouse Gas Reduction (Renewable and Low Carbon Fuel Requirements) Act. The Low Carbon Fuel Act and its regulations are together known as British Columbia’s Low Carbon Fuel Standard (LCFS).
As a market transformation policy, the LCFS creates a financial incentive to reward the use of low carbon fuels in proportion to the amount of measurable greenhouse gas reductions they yield when substituted for conventional fuels.
Since 2010, the LCFS has been advancing the Province’s goal for a low-carbon future. The LCFS:
Information about leveraging the LCFS is available on the Credit Market page.
Information about the Low Carbon Fuels Act, its amendments and regulations are available at https://www.bclaws.gov.bc.ca/.
Click here for more information on B.C.’s clean energy policies and programs.
The Low Carbon Fuels (General) Regulation under the Low Carbon Fuels Act implements similar provisions to the Renewable and Low Carbon Fuel Requirements Regulation, with some notable new requirements, including:
The Low Carbon Fuels (Technical) Regulation implements the technical details of the Low Carbon Fuels Act. The new regulation contains many similar provisions to the Renewable and Low Carbon Fuel Requirements Regulation, including fuel eligibility, labelling requirements, requirements for determining the carbon intensity of a fuel, variables to be used in the compliance unit formula, and compliance reporting requirements.
Enter your email address to subscribe to updates of this page.