Traders foresee limited near-term California LCFS price impacts from US election result

Published 22:06 on October 23, 2020  /  Last updated at 22:06 on October 23, 2020  /  Americas, RINs & LCFS, US  /  No Comments

Market participants do not anticipate California Low Carbon Fuel Standard (LCFS) credit prices to immediately react once the results of next month’s US presidential election are known, although a win by Democratic nominee Joe Biden coupled with other factors could have bearish implications in the long term.

Market participants do not anticipate California Low Carbon Fuel Standard (LCFS) credit prices to immediately react once the results of next month’s US presidential election are known, although a win by Democratic nominee Joe Biden coupled with other factors could have bearish implications in the long term.

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