LCFS Market: Bear case for prices as credit surplus bank shows no signs of unwinding

Published 01:51 on May 2, 2024  /  Last updated at 01:51 on May 2, 2024  / /  Americas, RINs & LCFS, US

California Low Carbon Fuel Standard (LCFS) prices have continued on a downward spiral, with traders expecting further downside risk as the programme’s credit surplus bank build shows no signs of slowing.
California Low Carbon Fuel Standard (LCFS) prices have continued on a downward spiral, with traders expecting further downside risk as the programme’s credit surplus bank build shows no signs of slowing.


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