New Mexico CTFP Credit Solutions
Targray helps fuel producers, suppliers, importers, fleet operators, EV charging networks, and obligated parties participate in New Mexico’s Clean Transportation Fuel Program (CTFP) credit market.
New Mexico’s CTFP is designed to reduce the lifecycle carbon intensity of transportation fuels used in the state through a credit-and-deficit system. The program targets a 20% reduction by 2030 and 30% reduction by 2040 compared with a 2018 baseline.
New Mexico CTFP Program Overview
The New Mexico Clean Transportation Fuel Program creates opportunities for low-carbon fuel producers and clean transportation providers to generate credits from qualifying fuels and activities, including renewable diesel, biodiesel, ethanol, renewable natural gas (RNG), and electricity used for transportation.
For obligated parties, CTFP credits can provide a pathway to compliance. For credit generators, the program creates a new revenue stream tied to the environmental value of low-carbon transportation fuels.
Targray’s New Mexico CTFP Credit Services
Targray supports participants across the CTFP value chain with:
CTFP credit marketing and monetization
We help eligible credit generators identify buyers, structure transactions, and monetize New Mexico CTFP credits.
Credit sourcing for compliance
Targray works with obligated parties seeking access to CTFP credits for compliance planning and procurement.
Low-carbon fuel market expertise
Our team brings experience across North American clean fuel and environmental credit programs, including LCFS, RFS, CFR, and emerging state-level clean fuel markets.
Carbon intensity and pathway support
We help customers understand CI scores, pathway strategy, and the commercial impact of carbon intensity on credit generation.
RNG, biofuels, and EV charging credit solutions
Targray supports a wide range of low-carbon transportation pathways, including renewable natural gas, biodiesel, renewable diesel, ethanol, and EV charging infrastructure.
Who We Help
Targray’s New Mexico CTFP solutions are designed for:
- Renewable fuel producers
- RNG project developers
- Biofuel blenders and distributors
- EV charging station owners and operators
- Fleet operators
- Fuel importers and suppliers
- Obligated parties seeking compliance credits
- Investors and project developers evaluating CTFP revenue
Unlock the Value of New Mexico CTFP Credits
Targray combines commodity trading, environmental markets expertise, and low-carbon fuel experience to help customers unlock value in new and evolving credit markets. Our team helps clients evaluate opportunities, reduce market complexity, and build practical strategies for credit generation, trading, and compliance.
As New Mexico’s Clean Transportation Fuel Program develops, early preparation can help market participants better position themselves for credit generation, procurement, and compliance. Contact Targray today to learn how our team can support your New Mexico CTFP credit strategy.
Related Pages
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Carbon Markets
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Carbon Pricing
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Environmental Commodities
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Carbon Offsets
A carbon offset is a transferrable credit certified by governments or certifying bodies to represent an emission reduction of one metric tonne of CO2, or an equivalent amount of other GHGs.