British Columbia’s Low Carbon Fuel Standard (BC-LCFS)
The British Columbia Low Carbon Fuel Standard (BC-LCFS) is a program that aims to reduce the carbon intensity of transportation fuels in British Columbia.
The BC-LCFS was established in 2008 and implemented in 2013 with the goal of reducing the carbon intensity (CI) of fuels used in the province. The BC-LCFS functions in much the same way as the California Low Carbon Fuel Standard (LCFS), the Oregon Clean Fuels Program (CFP), and the Washington State Clean Fuel Standard (CFS).
The BC-LCFS is designed to decrease the carbon intensity of British Columbia’s transportation fuel pool by 30% relative to 2010 by 2030 levels and provide an increasing range of low-carbon and renewable alternatives, which reduce petroleum dependency and achieve air quality benefits.
eMC submits all reports – We register our partners in all appropriate province systems, manage reporting submissions, system management and all other government interaction needed to generate BC-LCFS credits.
Data Reporting and Credit Generation
Every year, data is collected and/or reconfirmed, reports are developed and submitted to the Ministry, credits are generated, transacted, transferred, and payments are issued to credit-generators. e-Mission Control manages all of this for you, with our proprietary SaaS solution.
Credit Transaction and Monetization
e-Mission Control generates and trades your credits – We trade your credits on an open market to oil producers and refiners required to purchase them. We leverage the best pricing by combining your credits with the rest of our portfolio.
After the reporting compliance date of March 31st, you will be issued incentive payments to help advance your company’s sustainability initiatives
BC-LCFS Credit Market Function
Under the BC-LCFS program, companies can earn credits by producing or importing low-carbon fuels, implementing process improvements that reduce the carbon intensity of low carbon fuels. Companies with surplus credits can then sell them to other companies that need to offset deficits.
A company’s compliance obligation is determined by the balance of debits and credits accrued or earned through the fuels they supply. Companies with deficits from supplying fuels with high carbon intensity must purchase credits from companies that have surplus credits from supplying low carbon intensity fuels.
The BC-LCFS credit market is designed to create a financial incentive for companies to reduce their carbon emissions, as companies that produce or import low-carbon fuels can earn revenue from selling their credits to other companies. It provides a flexible means of compliance, allowing companies to achieve reductions in the most cost-effective way possible.
BC-LCFS Eligible Equipment*
EVSEs representing the charging of on-road electric vehicles (light-duty vehicles, medium-duty vehicles, heavy-duty vehicles)
Electric transportation refrigeration unit (eTRU) containers
*e-Mission Control is providing analysis to the Ministry for the inclusion of other common types of electric equipment and vehicles.
For more information about the LCFS and how your organization can get started earning credits, contact us today through our request consultation form or at