Oregon CFP Program
Defining the Clean Fuel Standard
Oregon’s CFP defines the clean fuel standard as the annual average carbon intensity that a regulated party must comply with. There is a standard for gasoline and gasoline substitutes, as well as diesel and diesel substitutes. The baseline year for the program is 2015 and represents 10 percent ethanol blended with gasoline and 5 percent biodiesel blended with diesel. The rule requires a 10 percent reduction in average carbon intensity from 2015 levels by 2025.
Benefits of opting into the CFP
By opting into the CFP and providing electricity as transportation fuel, electricity providers can earn CFP credits for each metric ton of CO2 equivalent (MTCO2e) emissions avoided through the use of electricity. CFP credits hold a dormant monetary value and may be sold to regulated parties who must offset their CFP deficits created by the production, supply, and sale of fuels with a CI level higher than the clean fuel standard target.
Who can opt into the CFP?
Under the CFP, for electricity used as a transportation fuel, the entities that are eligible to generate CFP credits include:
Where can you learn more about the CFP?
For information about Oregon’s CFP, you can visit their website here:
Here you’ll find information about the performance of the program including quarterly data summaries and monthly credit transfer reports, and guidance documents for various issues.