Platts to launch daily Canada Clean Fuel Regulations and British Columbia Clean Fuel Standard Program Credit assessments, Sept. 3

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Platts, part of S&P Global Commodity Insights, will launch daily price assessments for Canada Clean Fuel Regulations and British Columbia Clean Fuel Standard Program credits, effective Sept. 3, 2024.

After consultation with the market, Platts has seen interest in price assessments for both the Canada Clean Fuel Regulation and British Columbia Clean Fuel Program.

Platts will launch current-quarter and next-quarter Canada CFR price assessments for two compliance categories:

• Compliance Category 2: Supplying low carbon intensity fuels (e.g., ethanol, biodiesel); and
• Compliance Category 3: Supplying fuel or energy to advanced vehicle technology (e.g., electricity or hydrogen in vehicles).

Platts will also launch current-quarter and next-quarter British Columbia Low Carbon Fuel Standard carbon credit price assessments.

Each of the four price assessment will roll to the next quarter on the first publishing day after the 14th of the last month of the quarter.

The assessments will consider market information reported to Platts and published throughout the day, including firm bids and offers, trades and indicative values, as well as any other data deemed relevant to the assessment process.

The Canada CFR and BC LCFS credits prices will be published as an outright price in Canadian dollars per metric ton of carbon dioxide equivalent, as well as in US dollars per metric ton of carbon dioxide equivalent.

Platts will assess a minimum traded volume of 1,000 mt.

The assessments will reflect a 1330 Houston time market close and will follow the Platts US publishing schedule.

Please submit any feedback, comments, or questions to mrts_biofuelsandfeedstocks@spglobal.com, and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.