Entities regulated by California’s Low Carbon Fuel Standard (LCFS) recorded a credit surplus of 115,600 tonnes during the third quarter of 2020, with a surge in CO2-negative renewable natural gas (RNG) helping to counter analysts’ expectations of a draw on the bank.
California LCFS registers 115k surplus for Q3 2020 on RNG rush
Entities regulated by California’s Low Carbon Fuel Standard (LCFS) recorded a credit surplus of 115,600 tonnes during the third quarter of 2020, with a surge in CO2-negative renewable natural gas (RNG) helping to counter analysts’ expectations of a draw on the bank.
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