15th Annual OPIS LCFS & Carbon Markets Workshop
January 12-14, 2027
The Hard Rock Hotel | San Diego, California
15th Annual OPIS LCFS & Carbon Markets Workshop
January 12-14, 2027
The Hard Rock Hotel | San Diego, California
Hear directly from senior officials to kick off the conference with their latest perspectives and regulatory developments related to subnational cap-and-invest markets.
These back-to-back sessions offer a critical intelligence briefing. This session leverages exclusive OPIS pricing data and regulatory analysis to decode the current North American cap-and-invest landscape. We’ll deliver a comprehensive review of historical trends, current carbon price assessments, and forward-looking forecasts. Attend this session to establish a data-backed baseline for all subsequent policy and market discussions throughout the day.
California’s Cap-and-Invest rules have evolved. With CARB’s latest amendments now finalized, this briefing will cut through the regulatory detail to highlight the changes that matter most, including updates to allowance budgets, allocation, offsets, cost containmnt other key program provisions.
As Washington joins the Western Climate Initiative (WCI) in 2027, the regional carbon market landscape is entering a transformative new phase. This expert panel moves beyond the policy mechanics to examine the real-world impact of market linkage. We will break down how this integration will reshape allowance supply, demand dynamics, and price forecasting. Join us to discuss how to manage compliance risks, optimize investment strategies, and navigate the intersection of political priorities—including affordability and environmental justice—in an increasingly unified regional market.
With shifting federal priorities and an evolving subnational climate policy environment, understanding the regulatory landscape is critical for market participants. This session deconstructs recent legislative and regulatory developments—from federal mandates to key state-level programs like California, Washington, RGGI, and NYCI. Join us for a strategic analysis of how these policy shifts are actively reshaping allowance supply, investment confidence, and long-term compliance strategies.
Emissions trading systems and carbon markets are evolving rapidly across Europe, Latin America and the Asia-Pacific region. This panel will examine the latest developments in the EU Emissions Trading System (EU ETS), the Carbon Border Adjustment Mechanism (CBAM), and other emerging and established carbon-pricing regimes worldwide.
Speakers will discuss regulatory trends, market dynamics, compliance obligations and the growing interaction between domestic carbon markets and international trade. The panel will also explore how these developments may affect U.S. businesses—from exposure in global supply chains and export markets to carbon-cost management, reporting requirements, investment decisions and corporate climate strategies. Attendees will gain practical insights into the risks and opportunities created by an increasingly interconnected global carbon market.
North American Improved Forest Management (IFM) carbon credits have moved to the forefront of institutional decarbonization, with retirement volumes accelerating at an average annual rate of 44% since 2020. This commercial expansion is driven by tightening corporate net-zero timelines and the integration of next-generation Measurement, Monitoring, Reporting, and Verification (MMRV) practices—such as dynamic baselines—that are systematically rebuilding buyer confidence. Despite these advancements, the market remains characterized by structural opacity, persistent information asymmetry, and wide price dispersion for similar vintage assets. This session will convene leading market participants to analyze current pricing frameworks, evaluate the impact of evolving quality standards, and outline risk-mitigation strategies for securing high-integrity nature-based assets.
Accelerated overview of the global carbon credit landscape. This session delivers a consolidated update on market performance, integrity frameworks, and emerging liquidity trends to inform robust sustainability strategies.
Dow Jones Energy is introducing a hedging bootcamp for cap-and-invest program regulated entities as they prepare for regulatory and rulemaking updates, price volatility, compliance instrument alignment, and shifting allowance values as Washington moves to join California and Québec in a unified market by 2027. Additional details will be provided.
Jordan Godwin, Director of Renewable Fuels — OPIS, A Dow Jones Company
Whether you’re a newcomer to the industry or a seasoned veteran, this 101-style refresher course on the ins and outs of compliance under California’s Low Carbon Fuel Standard (LCFS) is essential. With frequent program modifications and updates, this annual overview is always useful.
Hear all the latest from the California Air Resources Board (CARB) on program updates the staff has been working on, as well as a possible look ahead at what the agency has in store for the LCFS. Attendees will also have a chance at what could be a very useful question-and-answer portion to follow the overview.
Hear from regulators overseeing Washington’s Clean Fuel Standard, Oregon’s Clean Fuels Program and New Mexico’s Clean Transportation Fuel Program about how things are going and what to look for in the year ahead.
Listen in on an engaging dialogue between industry representatives with varying perspectives on LCFS policy. We’ll cover a number of high-level talking points, including the latest program amendments, short-term and long-term challenges and a wide variety of other pressing topics.
The more-stringent targets have already had an effect on the cumulative credit bank in California, but how long will that bank last under the new targets? We’ll evaluate the latest trends and provide look-ahead analysis at how things might play out in the coming years.
This panel will explore LCFS credit pricing trends in California and beyond. Several programs experienced record-high credit prices in 2026, but is that upward momentum expected to continue in 2027? Our panelists will make some predictions.
A much-improved margin environment has spurred a second renaissance for renewable diesel producers, but market saturation is on the horizon in California. What other markets are ready for growth in renewable diesel blending, and how much activity are we seeing on the SAF front? We’ll discuss current production capacity, blend levels, feedstock availability as well as policy levers that could impact the trajectory.
Ethanol and biodiesel producers have consistently improved carbon intensity reductions that increase the value of their fuels in LCFS jurisdictions. Where are they seeing the biggest demand boosts, and how impactful might the approval of E15 in California be for ethanol producers?
The RNG industry continues to find new production and demand outlets that have contributed to sustained growth, but what is needed from the policy standpoint to maintain the upward trajectory? We’ll take a look at how the RNG markets have responded to policy changes in California, as well as emerging demand in other states and jurisdictions.
Every refiner who operates in LCFS markets has experienced a different journey in navigating policy opportunities and challenges, with many now becoming major credit generators through new production of low-carbon fuels. Hear from one major refiner about how their operations and strategies have responded to LCFS policy.
For the first time in California LCFS program history, quarterly data has shown the generation of LCFS credits from electrification outpacing any other fuel. Where have we seen the biggest increases, what’s the latest on EV adoption, and what might be the impact on LCFS markets? Our panelists will take a deep dive into the electrified data.
Canada’s Clean Fuel Regulations are driving changes in import/export flows, fuel blending, biofuel production and everything in between. Our speakers will discuss what the policy has gotten right so far and what we can expect in the coming year. We’ll also take a look at the latest in British Columbia’s LCFS program.