| Comment | Carbon TerraVault Holdings, LLC ("CTV") appreciates the opportunity
to comment on the California Air Resources Board's ("CARB" or "the
Board") proposed amendments to the Low Carbon Fuel Standard
("LCFS"), released on October 1, 2024 (the "15-Day Changes"). CTV
believes that the proposed modifications to LCFS credit generation
for hydrogen projects introduces significant uncertainty and
ambiguity, putting multibillion dollar industry-wide investment in
H2 at risk. CARB must modify the 15-Day Changes or risk suppressing
California's nascent low-carbon hydrogen industry. Please see
detailed comments on the attached letter.
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