California LCFS registers 115k surplus for Q3 2020 on RNG rush

Published 22:49 on January 29, 2021  /  Last updated at 13:10 on January 30, 2021  /  Americas, RINs & LCFS, US  /  No Comments

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.

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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