RFS and RINs Workshop and Carbon Markets Focus Day
- 10:00
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- 16:00
- Pre-conference workshop: RFS and RINs – navigating changing policies and price impacts Paul Niznik - Senior Consultant Biofuels, Argus Consulting Services
An in-depth workshop providing an RFS program update and outlook, as well as addressing the trends in RINs pricing and expectations for the future.
Attendees will gain insight into:
- The basics on the RINs market and price trends RFS risk factors and forecasting policy impacts on biofuels credits
- What is changing under the federal RFS program? How will state-level programs interact with federal initiatives?
- Product costs and RINs price pass-through
- Buyer practices in an unhedged market
- What trends have we seen in RINs pricing and what might we expect in the future?
Carbon Markets Focus Day
- 08:50
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- 09:00
- Chairperson’s opening remarks Jessica Dell - West Coast Bureau Chief, Argus
- 09:00
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- 09:30
- The latest from California’s climate change scoping plan: What will the blueprint for achieving California’s climate goals look like, and the role of cap-and-trade and other market programs Rajinder Sahota - Deputy Executive Officer, Climate Change and Research, California Air Resources Board
- Status of California’s strategies for tacking climate change in achieving the 2030 target
- Scoping Plan Update: Which policies advance environmental justice and lead to deeper greenhouse gas (GHG reductions?
- Opportunities and challenges in achieving deeper GHG reductions and the role of Cap-and-Trade
- 09:30
- -
- 10:15
- Outlook for future cap-and-trade emissions programs on the west coast - IETA, Oregon Department of Environmental Quality and Washington Department of Ecology
- To what extent will California be the model for emerging programs? How will they differ?
- What are the next steps for the implementation of the program in Washington?
- How are plans taking shape in Oregon? What are the timeframes and key milestones?
- How will the programs link with other markets?
Moderated by: Clayton Munnings, West Coast Representative, IETA
Colin McConnaha, Manager, Office of Greenhouse Gas Programs, Oregon Department of Environmental Quality
Bill Drumheller, Climate & Energy Specialist, Air Quality Program, Washington Department of Ecology
- 10.15
- -
- 10.45
- Morning break
- 10:45
- -
- 11:45
- Canada focus: A deep dive into national and sub-national developments - IETA, Radicle, Clear Blue Markets and Environment, Suncor Energy Marketing and Climate Change Canada
- Interactions between Canada’s national initiatives and provincial and territorial programs
- Response to Canada’s enhanced National Determined Contribution (NDC) under the Paris agreement and its efforts to achieve net-zero GHG emissions by 2050
- Market views on the federal framework to reduce emissions
- Challenges of the evolving Canadian regulatory landscape
- Impacts of the voluntary market in Canada
Moderated by: Katie Sullivan, Managing Director, IETA
Judy Meltzer, Director General, Carbon Pricing Bureau, Environment and Climate Change Canada
Chelsea Bryant, Managing Director, Global Markets & Strategy, Radicle
Michael Berends, Managing Director Origination, Clear Blue Markets
Monique Nobert, Manager, Environmental Commodities, Suncor Energy Marketing
- 11:45
- -
- 12:30
- Fireside chat: Update on the Transportation and Climate Initiative (TCI) – Objectives, progress and challenges James Bradbury - Mitigation Program Director, Georgetown Climate Center
- Current status of the TCI-P: Timelines for implementation and key program milestones
- What are the unique challenges facing a multi-jurisdictional initiative?
- What is the possibility of TCI states linking to other programs?
- Addressing the hurdles to overcome in the execution of TCI-P
Moderated by: Michael Ball, Editor, Argus Air Daily, Argus
James Bradbury, Mitigation Program Director, Georgetown Climate Center
- 12:30
- -
- 14:00
- Lunch
- 14:00
- -
- 15:00
- How are the voluntary carbon markets expanding? A look at the schemes and mechanisms and new entrants - ClimeCo, Climate Action Reserve, Latham & Watkins and Macquarie
- Will the growth trend in carbon offset markets continue? Who are the new entrants?
- Addressing the convergence between voluntary and compliance markets and implications for market participants
- Looking at the demand for carbon credit quality - including additional benefits including social, environmental, and biodiversity
- Corporate viewpoint: What are the main considerations and hurdles to overcome when entering the voluntary carbon market?
Moderated by: Michael Ball, Editor, Argus Air Daily, Argus
Derek Six, Chief Business Officer, ClimeCo
Craig Ebert, President, Climate Action Reserve
Scobie Mackay, Managing Director, Head of Origination, Structuring & Sales, Global Carbon Commodities and Global Markets, Macquarie
JP Brisson, Partner, Latham & Watkins
- 15:00
- -
- 15:45
- Industry views on the opportunities and risks in operating in compliance and voluntary carbon markets - Emission Advisors, EcoEngineers and Incubex
- What trading trends have we seen in the past year? How has the influx of new financial participants affected overall trading dynamics?
- What upcoming obstacles do we see for California and other cap-and-trade programs?
- How are organizations reducing their regulatory risk and managing compliance obligations?
Moderated by: Michael Ball, Editor, Argus Air Daily, Argus
Mike Taylor, President, Emission Advisors
Roxby Hartley, Senior Regulatory Consultant and Team Lead for Compliance Management, EcoEngineers
Nathan Clark, Managing Director, Incubex
- 15:30
- -
- 15:40
- Chairperson's closing remarks Michael Ball - Editor, Argus Air Daily, Argus
- 15:45
- -
- 17:15
- Opening night happy hour
- 08:00
- -
- Registration opens and coffee served
- 08:45
- -
- 08:50
- Argus welcome address Matthew Oatway - Senior Vice President, North America, Argus
- 08:50
- -
- 09:00
- Chairperson’s opening remarks Jessica Dell - West Coast Bureau Chief, Argus
- 09:00
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- 09:30
- Keynote address: Latest updates from California’s scoping plan and the road ahead for the state’s LCFS program Richard Corey - Executive Officer, California Air Resources Board
- 09:30
- -
- 10:20
- Latest developments and timeframes for existing LCFS programs in California and Oregon - California Air Resources Board and Oregon Department of Environmental Quality
- How will these developments affect demand for renewable fuels?
- A look at the 2022 proposed amendments for California and the market impact
- An update of the Oregon Clean Fuels program and the upcoming changes — how will the program be extended?
Moderated by Jessica Dell, West Coast Bureau Chief, Argus
Cory-Ann Wind, Clean Fuels Program Manager, Oregon Department of Environmental Quality
Cheryl Laskowski, Chief, Transportation Fuels Branch, California Air Resources Board
- 10:20
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- 11:00
- Morning break
- 11:00
- -
- 11:50
- Updates and what to expect from new and emerging LCFS programs in the US - Washington Department of Ecology, New York State Assembly & Low Carbon Fuels Coalition
- Updates on the implementation of Washington state’s program
- Next steps for LCFS backers in New York as they look to 2022 to establish an LCFS
- What could a clean fuels policy in the Midwest and New Mexico look like?
- How would that affect market dynamics?
Moderated by: Graham Noyes, Director, Low Carbon Fuels Coalition
Carrie Woerner, Assemblywoman, New York State Assembly
Joel Creswell, Climate Policy Section Manager, Air Quality Program, Washington Department of Ecology
Brendan Jordan, Vice-President, Transportation and Fuels, Great Plains Institute
- 11:50
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- 12:40
- How will the Clean Fuel Standard interact with British Columbia’s LCFS and how will it impact on future biofuels trade flows? - Environment and Climate Change Canada, Advanced Biofuels Canada and British Columbia Ministry of Energy, Mines and Low Carbon Innovation
- With the CFS due to come into force in December 2022, what impact will it have on credit pricing and the biofuels market?
- How will the political landscape influence the path ahead?
- How might Canada’s federal program align and harmonize with other programs?
- Addressing shifting North American trade dynamics as US biofuels producers view Canada as a new target market for their fuel
Moderated by: Michael Ball, Editor, Argus Air Daily, Argus
Paola Mellow, Executive Director, Environment and Climate Change Canada
Ian Thomson, President, Advanced Biofuels Canada
Michael J. Rensing, Director, Low Carbon Fuels, British Columbia Ministry of Energy, Mines and Low Carbon Innovation
- 12:40
- -
- 14:10
- Lunch
- 14:10
- -
- 15:00
- US Federal level developments: Upcoming changes under the national RFS program
- What are the potential impacts of the Biden administration’s energy and environmental policy on the markets?
- What changes can we expect under the RFS program
- How will state-level programs interact with federal initiatives?
- What trends have we seen in RINs pricing and what might we expect in the future?
Moderated by Paul Niznik, Senior Consultant Biofuels, Argus
- 15:00
- -
- 15:50
- Financing renewable projects: Assessing opportunities and risks in the renewables market - Goldman Sachs, Citigroup, Parhelion Underwriting & Vision Ridge Partners
- Evaluating the current policy environment and incentives to invest in credit generating fuels and technology
- How do investors compare and value the different credit generators?
- How will Biden administration policies impact the investment opportunities in renewables?
- Overcoming regulatory risks and barriers to investing in low carbon projects
Moderated by Paul Niznik, Senior Consultant Biofuels, Argus
Justin Goldstein, Vice President Investment Banking, Goldman Sachs
Mike Newman, Chief Operating Officer, Parhelion Underwriting
David Livingstone, Managing Director, Citigroup
Mary Macpherson, Vice President, Vision Ridge Partners
- 15:50
- -
- 16:30
- Break
- 16:30
- -
- 17:20
- The role of electric vehicles in the decarbonizing North America and the timeframes for wide-scale adoption - California EPA, General Motors, BMW of North America
- What are the key barriers that need to be resolved to make electric vehicles mainstream?
- Assessing the carbon intensity of electricity and how it compares with road transportation fuels
- How will credit generation and carbon savings from EVs within LCFS programs develop?
- Assessing the progress in the development of electric charging infrastructure
- What is the timeline for major penetration of EVs into the market? How will this vary across North America?
Moderated by Michael Ball, Editor, Argus Air Daily, Argus
Jared Blumenfeld, Secretary, California Environmental Protection Agency
Adam Langton, Energy Services Manager, BMW of North America
Jamie Hall, Senior Strategist – Charging and EV Policy, General Motors
- 17:20
- -
- 19:20
- Networking drinks reception
- 08:30
- -
- 08:40
- Argus opening address Louise Burke - Vice President, Business Development, Argus
- 08:40
- -
- 09:00
- An overview of LCFS credit generators and their growth outlooks Paul Niznik - Senior Consultant Biofuels, Argus
- How do each of the credit generators compare from a commercial and environmental perspective? What will this mean for their future growth?
- What factors are going to help or hinder future growth for different biofuels?
- Are there sufficient feedstocks for different biofuels in line with carbon reduction targets? How will this impact product development?
- 09:00
- -
- 09:50
- Renewable diesel and biodiesel and their futures in the LCFS program – New production, feedstock concerns and logistics challenges - Darling Ingredients and Renewable Energy Group
- How has the current regulatory environment created increased demand for renewable diesel?
- Biodiesel – Will it still have a place in the alternative fuels mix or will available feedstock be increasingly used to produce renewable diesel?
- What new renewable diesel projects have been announced, and how will they be able to meet potential future demand?
- What volumes can be expected from refineries repurposed for renewable diesel production?
Moderated by: Jacqueline Reigle, Americas Biofuels Editor, Argus
Shelby Neal, Vice President Renewables and Energy Policy, Darling Ingredients
Scott Hedderich, Executive Director, Corporate Affairs, Renewable Energy Group
- 09:50
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- 10:40
- How is demand for sustainable aviation fuel evolving? - World Energy, Airlines for America, United Airlines and Lanzajet
- How might the expansion of LCFS programs that include sustainable aviation fuel impact market development?
- Will we see more renewable diesel production facilities start making SAF?
- Aviation sector viewpoint on the role of SAF in decarbonizing the industry
- Demand for SAF to demonstrate compliance with CORSIA sustainability requirements
Moderated by: Jessica Dell, West Coast Bureau Chief, Argus
Nancy Young, Vice-President of Environmental Affairs, Airlines for America
Alex Menotti, Head of Corporate and Government Affairs, LanzaJet
Gary Grimes, Director of Sustainability and Technology, World Energy
Senior Representative, United Airlines
- 10:40
- -
- 11:20
- Break
- 11:20
- -
- 12:10
- The role of RNG in decarbonizing the transportation and utility sectors: What is the status of new projects and product development? - RNG Coalition, Mercuria, 3degrees and Amp Americas
- The commercial and environmental benefits of RNG and the added value of LCFS credit generation due to low CI scores
- What are the credit projections and opportunities in California and other LCFS programs market?
- RNG from dairy gas – how this will help meet LCFS targets?
- How can further potential for RNG be unlocked?
Moderated by: Paul Niznik, Senior Consultant Biofuels, Argus
Sam Wade, Director of State Regulatory Affairs, RNG Coalition
Harrison Clay, Head of Biogas Energy Transition, Mercuria
Peter Weisberg, Director, New Product Development, Carbon Markets, 3Degrees
Grant Zimmerman, CEO, Amp Americas
- 12:10
- -
- 13:00
- Will there be enough renewable feedstock to meet demand and 2030 targets? - Crimson Renewable Energy, Ash Creek Renewables, Gevo, Nuseed and Alder Fuels
- What is the capacity and market outlook vegetable oils, animal fats, and used cooking oil? What are the constraints?
- How will supply of renewable fuels keep up the pace for increasing demand as more states show their commitment to switching to low-carbon fuels?
- What capacity additions are expected in the next 2-3 years?
- Will there be enough infrastructure to keep up the pace for growing biodiesel and renewable diesel demand?
Moderated by: Jacqueline Reigle, Americas Biofuels Editor, Argus
Tyson Keever, Chief Operating Officer, Crimson Renewable Energy
John Cusick, Ash Creek Renewables
Glenn Johnston, Global Regulatory Carinata, Nuseed
Lindsay Fitzgerald, Vice President of Government Relations, Gevo
Bryan Sherbacow, President & CEO, Alder Fuels
- 13:00
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- 13:30
- How is corporate sustainability being integrated into organizations’ day to day operations and long term energy transition strategy? - ABC Signature (Disney) & Microsoft
- How are energy majors and refiners managing climate change risk?
- How is the Biden administration prioritizing ESG in corporate reporting?
- How are they navigating varying state, federal and international climate policies?
- How is investor and consumer interest in the environment and good corporate citizenship driving companies to reassess their ESG stance?
- What are the implications for companies if corporate disclosure of ESG information including climate change risk is mandated?
Moderated by: Louise Burke, VP, Business Development, Argus
Eric Cerratani, Environmental Specialist, ABC Signature
Audrey Lee, Senior Director, Energy Strategy, Microsoft
- 13:30
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- Conference concludes and lunch light is served
