Americas > Analysts foresee Q1 credit deficit for California LCFS

Analysts foresee Q1 credit deficit for California LCFS

Published 22:43 on July 30, 2020  /  Last updated at 00:28 on July 31, 2020  /  Americas, RINs & LCFS, US  /  No Comments

California’s Low Carbon Fuel Standard (LCFS) credit bank will shrink by an estimated 4% in the first quarter of the year due to a more stringent carbon intensity (CI) reduction benchmark, though a drop in gasoline demand from the coronavirus pandemic will limit the damage, analysts said Thursday.

California’s Low Carbon Fuel Standard (LCFS) credit bank will shrink by an estimated 4% in the first quarter of the year due to a more stringent carbon intensity (CI) reduction benchmark, though a drop in gasoline demand from the coronavirus pandemic will limit the damage, analysts said Thursday.

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