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

Published 16:51 on October 31, 2022  /  Last updated at 16:51 on October 31, 2022  /  Americas, RINs & LCFS, US  /  No Comments

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.

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