Electric Vehicle Low Carbon Fuel Credits

Best in Class Optimization of EV-LCFS Credit Generation. Maximize Credit Revenue with a Fully Transparent Marketing Partner.

Overview

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.

    Key Points

  • 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.

  • Benefits to Fleet Owners
    • 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.
  • How it Works

    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.

Infographic

svg Group Created with Sketch. Regulated Parties Element Markets eHDV Owners eForklift Owners EV Charging Infrastructure Owners eTRU Owners LCFS CREDIT REVENUE LCFS CREDIT REVENUE LCFS CREDITS LCFS CREDITS Owners of electric vehicles (EVs) and equipment—such as eTRUs, forklifts, pallet jacks, and charging infrastructure—are eligible to participate in the LCFS program. Owners of electric vehicles (EVs) and equipment—such as eTRUs, forklifts, pallet jacks, and charging infrastructure—are eligible to participate in the LCFS program. Owners of electric vehicles (EVs) and equipment—such as eTRUs, forklifts, pallet jacks, and charging infrastructure—are eligible to participate in the LCFS program. Owners of electric vehicles (EVs) and equipment—such as eTRUs, forklifts, pallet jacks, and charging infrastructure—are eligible to participate in the LCFS program. Element Markets provides full-service management of data collection, compliance reporting, credit generation, and sales so that eFleet owners receive reliable revenue from the LCFS program without a change in operations, out-of-pocket costs, or risk. LCFS credits are sold to Regulated Parties by Element Markets under the LCFS program. LCFS credit proceeds are remitted to the eFleet owner.
svg Group Created with Sketch. Regulated Parties Element Markets EV Charging Infrastructure Owners eForklift Owners eHDV Owners eTRU Owners LCFS CREDIT REVENUE LCFS CREDITS Owners of electric vehicles (EVs) and equipment—such as eTRUs, forklifts, pallet jacks, and charging infrastructure—are eligible to participate in the LCFS program. Owners of electric vehicles (EVs) and equipment—such as eTRUs, forklifts, pallet jacks, and charging infrastructure—are eligible to participate in the LCFS program. Owners of electric vehicles (EVs) and equipment—such as eTRUs, forklifts, pallet jacks, and charging infrastructure—are eligible to participate in the LCFS program. Owners of electric vehicles (EVs) and equipment—such as eTRUs, forklifts, pallet jacks, and charging infrastructure—are eligible to participate in the LCFS program. Element Markets provides full-service management of data collection, compliance reporting, credit generation, and sales so that eFleet owners receive reliable revenue from the LCFS program without a change in operations, out-of-pocket costs, or risk. LCFS credits are sold to Regulated Parties by Element Markets under the LCFS program. LFCS credit proceeds are remitted to the eFleet owner.

Direct Contacts

Sydney Akuto
VICE PRESIDENT, ENVIRONMENTAL PRODUCTS
Sydney Akuto

Sydney Akuto joined Element Markets in 2017, leading the Account Management group eventually transitioning into an origination role focused on biomethane and electric vehicle pathways under California’s Low Carbon Fuel Standard Program. Before joining Element Markets, Sydney was the Director of Business Development for a leading culinary school in New York where she led the national expansion of multiple business lines and helped to launch innovative online programming. Sydney began her career in sustainable food systems, working with producers, distributors, and institutional clients to create and expand alternative markets supporting local food systems and improving supply chain transparency. Sydney is based in Los Angeles.

 

David Elpers
Director, Environmental Products
David Elpers

David Elpers joined Element Markets in 2019 and is focused on helping clients make the switch to low carbon fuels for their trucking or material handling fleets. David specializes in optimizing revenue from Low Carbon Fuel Standard (LCFS) credits for low carbon vehicles to help companies create reoccurring revenue streams to offset the cost of switching. Prior to joining Element Markets David spent over a decade in the energy markets. Most recently David was a Senior Account Manager at IIR Energy, where he worked with over 65 client globally to deliver real-time market intelligence. Prior to that he worked as a Market Analyst for BP, providing in-depth analysis on supply and demand trends affecting US trade. David earned a BA in Finance from the University of Notre Dame.

Emmett Walsh
Environmental Products Analyst

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