Americas > California LCFS registers surprise surplus in Q2 as multiple credit generators post records

California LCFS registers surprise surplus in Q2 as multiple credit generators post records

Published 21:05 on October 29, 2021  /  Last updated at 21:05 on October 29, 2021  /  Americas, RINs & LCFS, US  /  No Comments

California’s Low Carbon Fuel Standard (LCFS) posted a credit surplus during the second quarter of 2021, according to state data posted Friday, bucking traders’ expectations of a deficit as renewable diesel (RD), renewable natural gas (RNG), and electricity volumes shot up.

California’s Low Carbon Fuel Standard (LCFS) posted a credit surplus during the second quarter of 2021, according to state data posted Friday, bucking traders’ expectations of a deficit as renewable diesel (RD), renewable natural gas (RNG), and electricity volumes shot up.

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