About the program
Fuel suppliers can obtain low carbon fuel credits by entering into a Part 3 Agreement to undertake actions that increase the use of low carbon fuels sooner than would occur without the agreed-upon action. The number of credits allocated in an agreement is usually related to the expected capital expenditure of the project. All projects must have a reasonable possibility of reducing the amount of greenhouse gas emissions resulting from the use of Part 3 fuels.
Projects supported under Part 3 Agreements
As of 2019, 23 projects have been awarded over 800,000 credits for compliance with the B.C. Renewable and Low Carbon Fuel Requirements Regulation. These projects have committed to investing over $450 million dollars in emissions reductions in the B.C. fuels industry.
For a list of projects supported under Part 3 Agreements see: