September 8, 2023
Oregon Clean Fuels Program: A Guide
The Purpose of the Clean Fuels Program
Oregon's Clean Fuels Program (CFP) was implemented as a method of reducing greenhouse gas (GHG) emissions from the state’s transportation sector, which currently accounts for approximately 40% of Oregon’s GHG emissions. Under the CFP, Oregon aims to reduce the carbon intensity of transportation fuels by 10% of 2015 levels by 2025, 20% by 2030, and 37% by 2035. The CFP uses market-based incentives to promote the use of cleaner transportation fuels throughout the state, including electric, renewable diesel, and hydrogen as transportation fuels. Under the CFP, fuel suppliers are required to reduce the CI of their fuels to meet annual targets. Suppliers of low-carbon and alternative fuels can generate credits for their reduced emissions, which they can sell to regulated fuel suppliers. Through this system, owners of electric equipment like forklifts and transportation refrigeration units and owners of electric vehicle charging stations can earn additional revenue through their reduced emissions. Read more: What Are Energy Rebate Programs?Who Is Eligible to Earn Credits?
Under Oregon’s CFP, fuels with a CI below the annual threshold are eligible to earn CFP credits, which can be sold to suppliers that need to offset their deficits. Eligible entities include:- Owners of electric forklifts
- Owners of transportation refrigeration units
- Buses
- Trucks
- Cars
- Ground support equipment
- Cargo-handling equipment
How Oregon Fleet Owners Can Maximize Their Earnings
Regardless of your fleet size, you can earn revenue for your reduced emissions through Oregon’s CFP. By partnering with Smart Charging Technologies, you can maximize your earnings without the added hassle of complying with the Department of Environmental Quality (DEQ). When you enroll in the CFP through Smart Rebates™, we handle all of the paperwork for you, letting you focus on your business. Additionally, our on-site audits by industry experts ensure that all your equipment and vehicles are properly registered, helping you earn the maximum number of credits. Oftentimes, credits go unclaimed when self-reporting, resulting in you missing out on your earnings.
Learn more about how SCT can help you earn with Oregon’s Clean Fuels Program. Or, contact us today.
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SCT provides cost-effective telematics and remote power management solutions that optimize motive power fleet and self-service machine efficiency and reduce downtime with essential insights.
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