{"id":16,"date":"2026-03-26T20:34:17","date_gmt":"2026-03-26T20:34:17","guid":{"rendered":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/?page_id=16"},"modified":"2026-03-26T20:37:43","modified_gmt":"2026-03-26T20:37:43","slug":"aboutthisprogram","status":"publish","type":"page","link":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/aboutthisprogram\/","title":{"rendered":"About this program"},"content":{"rendered":"\n<h3 class=\"wp-block-heading has-text-align-center\"><strong>What is it? | <a href=\"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/why-does-it-matter\/\">Why does it matter? <\/a>| <a href=\"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/who-is-involved\/\">Who is involved?<\/a><br><a href=\"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/how-does-it-work\/\">How does it work?<\/a> | <a href=\"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/ctfp-history-and-background\/\">History &amp; background<\/a> | <a href=\"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/rulemaking\/\">Rule<\/a> | <a href=\"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/where-are-we-in-the-process\/\">Where are we in the process?<\/a><br><a href=\"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/get-involved\/\">Get involved<\/a><\/strong><\/h3>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><\/h2>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>What is&nbsp;the Clean Transportation Fuel Program?<\/strong>&nbsp;<\/h2>\n\n\n\n<p>The main goal of New Mexico\u2019s Clean Transportation Fuel Program is to reduce the overall&nbsp;climate&nbsp;pollution from transportation&nbsp;fuel&nbsp;used in New Mexico.&nbsp;<\/p>\n\n\n\n<p>To&nbsp;accomplish&nbsp;this,&nbsp;the program:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Establishes&nbsp;annual&nbsp;statewide&nbsp;<strong>carbon intensity standards<\/strong>&nbsp;for transportation&nbsp;fuel\u202f&nbsp;<\/li>\n\n\n\n<li>Allocates&nbsp;credits and calculates deficits for importers,&nbsp;producers&nbsp;or dispensers of fuel in New Mexico&nbsp;based on whether&nbsp;their&nbsp;fuel&nbsp;is&nbsp;above or below that carbon intensity standard.&nbsp;<\/li>\n\n\n\n<li>Creates a marketplace where fuel providers can meet the carbon intensity standard by generating or&nbsp;acquiring&nbsp;program credits.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p><strong>Carbon intensity<\/strong>&nbsp;is a measure of how much climate pollution a fuel creates over its entire life \u2014 from production to end use. It is calculated based on the amount of greenhouse gases released per unit of energy consumed or produced, expressed in grams of carbon-dioxide equivalent per megajoule.&nbsp;<\/p>\n\n\n\n<p>The program applies to most transportation fuel imported and produced in New Mexico for use in cars, trucks, and other vehicles.&nbsp;<\/p>\n\n\n\n<p>Generally, companies&nbsp;that&nbsp;import or produce&nbsp;high-carbon-intensity&nbsp;fuel, like gasoline&nbsp;or diesel, must meet the carbon intensity standard by:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Reducing their fuel\u2019s carbon footprint,<\/li>\n\n\n\n<li>Generating credits from importing or producing low-carbon fuel,<\/li>\n\n\n\n<li>Using banked credits, or<\/li>\n\n\n\n<li>Buying credits.<\/li>\n<\/ul>\n\n\n\n<p>Companies producing low-carbon&nbsp;fuel, like electricity or biofuel, may generate credits, which they may use&nbsp;to further expand low-carbon fuel production and transportation in New Mexico.\u202f&nbsp;<\/p>\n\n\n\n<p>Fuel&nbsp;importers and producers&nbsp;are incentivized to reduce their carbon footprint to avoid having to&nbsp;purchase&nbsp;credits.&nbsp;<\/p>\n\n\n\n<p>The program\u00a0is not a cap-and-invest program; it only applies to one greenhouse gas-emitting sector, and the state does not collect and redistribute revenue from the program.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is it? | Why does it matter? | Who is involved?How does it work? | History &amp; background | Rule | Where are we in the process?Get involved What is&nbsp;the Clean Transportation Fuel Program?&nbsp; The main goal of New Mexico\u2019s Clean Transportation Fuel Program is to reduce the overall&nbsp;climate&nbsp;pollution from transportation&nbsp;fuel&nbsp;used in New Mexico.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-16","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/wp-json\/wp\/v2\/pages\/16","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/wp-json\/wp\/v2\/comments?post=16"}],"version-history":[{"count":2,"href":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/wp-json\/wp\/v2\/pages\/16\/revisions"}],"predecessor-version":[{"id":19,"href":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/wp-json\/wp\/v2\/pages\/16\/revisions\/19"}],"wp:attachment":[{"href":"https:\/\/www.env.nm.gov\/clean-transportation-fuel-program\/wp-json\/wp\/v2\/media?parent=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}