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Electric Vehicle Low Carbon Fuel Credits (LCFS)
Best in Class Optimization of EV-LCFS Credit Generation. Maximize Credit Revenue with a Fully Transparent Marketing Partner. Element Markets provides a full-service solution for EV fleet owners to generate revenue from Zero Emissions Fleet Programs, including California’s Low Carbon Fuel Standard (LCFS) and Oregon’s Clean Fuels Program (CFP). Under the California LCFS program and the Oregon CFP, facilities operating battery electric and zero emissions materials handling equipment are eligible to generate emissions reduction credits.
Ongoing Revenue for Zero Emissions Transportation
Under the California LCFS program, facilities operating battery electric and zero emissions materials handling equipment are eligible to generate emissions reduction credits. These credits create a new revenue stream for fleet owners, which can be used to offset the cost of ownership, and in most cases, result in a net profit for the fleet owner.
Eligible equipment includes battery electric and hydrogen forklifts, pallet jacks, stackers, reefers, cargo handling equipment, EV delivery vans and trucks, eTRUs, yard hostlers and more.
- New revenue creation opportunity,
- No change in operations or equipment,
- No out-of-pocket expenses, and
- Lower cost of ownership for electric forklifts and Zero Emissions equipment.
Element Markets works with each client to identify all eligible battery electric and zero emissions equipment, and manages program compliance, including credit generation and sales on our client’s behalf. We operate under a fully transparent model, so clients always know they are getting the best value for their assets. Services include:
- Application and registration under the LCFS program,
- Ongoing compliance assurance,
- Generation and monetization of LCFS credits, and
- Remittance of customer revenue.