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Comment 10 for Proposed Low Carbon Fuel Standard Amendments (lcfs2024) - 45 Day.

First NameMassimo
Last NameFiorella
Email AddressMassimo.fiorella@hotmail.com
Affiliation
SubjectCARB
Comment
Dear Carb,
I encourage you to give a constant look to the California Low
Carbon Fuel Standard Credit price in order to make them economic
viable for long term investments in the sector.

Current price (mid January 2024) is around 65 USD/ton and it is not
feasible for planning long term investments that also contribute in
a better environment in California and worldwide.

In my opinion, you should make sure to regulate the sector and take
actions to make sure that California Low Carbon Fuel Standard
Credit price can be constantly above the 200 USD/ton threshold and
possibly hit 300 USD/ton to boost investments in the sector and
make California a better environment.

I really hope immediate actions to get those results and see a
spike in the Credit starting from January 2024

Regards,
Massimo Fiorella

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Date and Time Comment Was Submitted 2024-01-21 14:33:50

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