Americas > ANALYSIS: Delayed LCFS decision sparks market bull run, but prices retrace with cautious optimism

ANALYSIS: Delayed LCFS decision sparks market bull run, but prices retrace with cautious optimism

Published 23:01 on February 19, 2024  /  Last updated at 23:01 on February 19, 2024  / Allison Gacad /  Americas, RINs & LCFS, US

California regulator ARB’s announcement to postpone a hearing and vote regarding amendments to its Low Carbon Fuel Standard (LCFS) saw a short-lived market rally, as market observers anticipate significant changes to the proposed amendments, which were criticised by industry, environmental groups, and market participants alike.
California regulator ARB’s announcement to postpone a hearing and vote regarding amendments to its Low Carbon Fuel Standard (LCFS) saw a short-lived market rally, as market observers anticipate significant changes to the proposed amendments, which were criticised by industry, environmental groups, and market participants alike.


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