{"id":2491,"date":"2026-06-17T13:50:06","date_gmt":"2026-06-17T13:50:06","guid":{"rendered":"https:\/\/tricordconsulting.com\/?p=2491"},"modified":"2026-06-17T13:50:08","modified_gmt":"2026-06-17T13:50:08","slug":"understanding-new-mexico-ctfp-transactions-reporting","status":"publish","type":"post","link":"https:\/\/tricordconsulting.com\/index.php\/2026\/06\/17\/understanding-new-mexico-ctfp-transactions-reporting\/","title":{"rendered":"Understanding New Mexico CTFP Transactions Reporting"},"content":{"rendered":"\n
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The New Mexico Environment Department Clean Transportation Fuel Program (NMED CTFP) officially went into effect on April 1, 2026.  This program aims to decrease the carbon intensity of transportation fuels used in New Mexico below a 2018 baseline by 20% by 2030 and 30% by 2040.  Like similar programs in California, Oregon and Washington, the program creates a marketplace where deficits generated from selling fuels with higher lifecycle emissions (such as fossil gasoline and diesel) are offset by credits generated from low carbon fuels (LCFs).  Covered entities currently participating in the New Mexico fuel market were required to submit their program registration applications by May 15, 2026.<\/p>\n\n\n\n

Entities marketing fuels in New Mexico must have a clear understanding of which specific activities are regulated under the CTFP to accurately account for their program obligation.  Under the CTFP, a “regulated party” is defined as any person or entity that produces, imports or dispenses transportation fuel for use in New Mexico.  If your operations involve importing, producing, or selling regulated fuels such as gasoline, diesel, and renewable blends for use in New Mexico, you are subject to the program’s requirements and must track and report these transactions on a quarterly and annual basis.  The only exemption to this rule are companies who dispense fuel to end consumers only (i.e. gas stations).  In this case, the fuel importer is the obligated party under the program.<\/p>\n\n\n\n

To manage program participation, NMED created the Clean Transportation Fuels Program Application, Reporting, and Compliance System (CTFP-ARCS<\/a>), which serves as the official online portal for registration and quarterly transaction reporting.  Regulated parties must log their covered activities in CTFP-ARCS using specific transaction types to accurately determine their obligated volumes and calculate their total credits and deficits generated each quarter.  The transaction types and obligation impact under the CTFP are defined as follows, with a positive obligation impact indicating that the transaction increases a party\u2019s deficit generating fuel volume balance when transacting fossil fuels and increases a party\u2019s credit generating fuel volume balance when transacting renewable fuels.<\/p>\n\n\n\n