Here are my presentation slides from the July 17, 2023 meeting of the Environmental Justice Advisory Committee to the California Air Resources Board, which discussed California’s Low Carbon Fuel Standard (LCFS).
From the program’s inception through 2022, biofuel projects earned a cumulative 82% of LCFS credits and electrification projects have earned 17%. In 2022 alone, biofuel projects earned 75% of LCFS credits and electrification projects earned 25%.
Source: California Air Resources Board, LCFS dashboard. The UC Davis LCFS dashboard is another great resource.