California LCFS posts 124k deficit in Q2 2020 on higher diesel volumes

Published 20:35 on October 30, 2020  /  Last updated at 20:51 on October 30, 2020  /  Americas, RINs & LCFS, US  /  No Comments

Entities regulated by California’s Low Carbon Fuel Standard (LCFS) recorded a credit deficit of 124,100 tonnes during Q2, bucking some stakeholders’ expectations that a coronavirus-fuelled plunge in gasoline demand could yielded a surplus.

Entities regulated by California’s Low Carbon Fuel Standard (LCFS) recorded a credit deficit of 124,100 tonnes during Q2, bucking some stakeholders’ expectations that a coronavirus-fuelled plunge in gasoline demand could yielded a surplus.

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