LCFS Market: California prices cool as slow rulemaking timeline stunts rally

Published 23:06 on September 14, 2023 / Last updated at 23:06 on September 14, 2023 / / Americas (US & Canada), Net Zero Transition (Transport & Heating Fuels)

Carbon Pulse PremiumNet Zero Pulse

California Low Carbon Fuel Standard (LCFS) values dipped on Thursday afternoon to more than reverse a brief early-week rally, as traders said state regulator ARB’s extended timeline for implementing more ambitious carbon intensity (CI) reduction targets will come under pressure from the programme’s exploding surplus bank.
California Low Carbon Fuel Standard (LCFS) values dipped on Thursday afternoon to more than reverse a brief early-week rally, as traders said state regulator ARB’s extended timeline for implementing more ambitious carbon intensity (CI) reduction targets will come under pressure from the programme’s exploding surplus bank.


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

We offer a FREE TRIAL to each of our subscription services and it only takes a minute to register. If you already have a Carbon Pulse account, login 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.