Login Free Trial
  • News
  • Washington State Opens 2025 Clean Fuel Standard Credit Clearance Market
Washington State Opens 2025 Clean Fuel Standard Credit Clearance Market
Policy
WA CFS News
Wednesday, 4th June 2025
Washington Department of Ecology

Washington’s Clean Fuel Standard (CFS) program aims to reduce transportation-related greenhouse gas emissions by 45% from 2017 levels by 2038. Covering both 2023 and 2024, the first compliance period saw 200 entities reporting fuel data, generating 1.96 million deficits and 4.83 million credits. Of the 61 entities with deficits, 57 met compliance through credit purchases or retirements. The remaining 4 non-compliant entities must use the Credit Clearance Market (CCM), open from June 1 to July 31, 2025, where pledged credits are sold at a maximum price of $251.94. Only entities compliant with 2023-2024 reporting could pledge credits. Unused pledged credits will be returned after the market closes.

Read Full Article
You might also like
Articles
Ecology Kicks off C&I Rulemaking: 5% of 2031-40 Caps in APCR, Proposes Caps till 2050 in Statute Policy Perspective by Jon Costantino: The May 2026 Cap-and-Invest Board Meeting. What did we learn? CARB Walking a Tight Rope to Balance Affordability and Stringency: Approves Cap and Invest Extension
Interview
What’s Driving Québec’s Carbon Market? A Conversation with Pierre-Olivier Pineau Exclusive Interview with Ben Kruger and Bryan Sievers: Exploring RNG's Role in Decarbonizing Agriculture, Transportation, and Beyond Exclusive Interview with Nausher Khan, SVP and Director at Northwest Advanced Bio-Fuels
News
Aalborg Portland has Signed an Agreement with the Danish Energy Agency to Receive a Carbon Capture Subsidy for ACCSION, its CCS Project in Denmark Plenitude Starts Production Across the Entire Renopool Plant in Spain, its Largest Photovoltaic Project Built Worldwide Google has Teamed up with American Airlines to Reduce Nearly 300,000 tons of CO2.