Americas > California LCFS prices reel from record high quarterly net surplus build in Q3

California LCFS prices reel from record high quarterly net surplus build in Q3

Published 01:21 on February 1, 2024  /  Last updated at 01:21 on February 1, 2024  / /  Americas, RINs & LCFS, US

California Low Carbon Fuel Standard (LCFS) net credits hit a new record in the third quarter of 2023, coasting north of 2.2 million tonnes, with both total quarterly credits and deficits hitting new highs in programme history, according to state data published Wednesday, which sent secondary market prices lower on the day.
California Low Carbon Fuel Standard (LCFS) net credits hit a new record in the third quarter of 2023, coasting north of 2.2 million tonnes, with both total quarterly credits and deficits hitting new highs in programme history, according to state data published Wednesday, which sent secondary market prices lower on the day.


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.