Under BC's Renewable and Low Carbon Fuel Requirement Regulation (RLCFRR), the Part 3 Agreement provides a mechanism for Part 3 fuel suppliers to generate bio-fuel credits for intended projects that will increase the supply of low carbon fuels into British Columbia. Suppliers must submit a compliance report, which is approved by a Director and credits are awarded over a one year or multiple year contracts.
There are at least 15,000 credits available under the 2017 Program and 100,000 under the 2018 Program (last year, credits traded at $171/credit - representing the highest value of GHG credits globally). The application deadline is October 6, 2017 (2017 program) and June 1, 2018 (2018 program). If you are biofuel company that supplies renewable fuel to BC, contact us today to learn how you can generate credits as a Part 3 Supplier!
More detail here: http://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/electricity-alternative-energy/transportation/renewable-low-carbon-fuels/part_3_agreements_2017-18.pdf