Americas > LCFS Market: California prices wane to 6-wk low before state reveals more ambitious CI benchmarks

LCFS Market: California prices wane to 6-wk low before state reveals more ambitious CI benchmarks

Published 21:48 on September 8, 2023  /  Last updated at 12:33 on September 9, 2023  / /  Americas, RINs & LCFS, US

California Low Carbon Fuel Standard (LCFS) values slid on Friday to levels not seen since late July as market participants reported compliance entities were keen to sit back, though they spiked late in the day after the state published a document detailing its forthcoming rulemaking to strengthen the programme's carbon intensity (CI) benchmarks.
California Low Carbon Fuel Standard (LCFS) values slid on Friday to levels not seen since late July as market participants reported compliance entities were keen to sit back, though they spiked late in the day after the state published a document detailing its forthcoming rulemaking to strengthen the programme's carbon intensity (CI) benchmarks.


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