Americas > California LCFS credit bank leaps 14% in Q2 to post surplus record

California LCFS credit bank leaps 14% in Q2 to post surplus record

Published 20:51 on October 31, 2022  /  Last updated at 20:51 on October 31, 2022  / /  Americas, RINs & LCFS, US

The amount of credits generated in California's Low Carbon Fuel Standard (LCFS) hit a fresh record in Q2, as substantial volumes of renewable diesel (RD) and electricity propelled the credit bank to the highest level since the inception of the programme over a decade ago, according to government data published Monday.
The amount of credits generated in California's Low Carbon Fuel Standard (LCFS) hit a fresh record in Q2, as substantial volumes of renewable diesel (RD) and electricity propelled the credit bank to the highest level since the inception of the programme over a decade ago, according to government data published Monday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.