LCFS Market: Prices tank over 20% overnight after regulatory updates rejected

Published 21:09 on February 19, 2025 / Last updated at 21:09 on February 19, 2025 / / Americas (Compliance Markets & Taxes, US & Canada)

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In light of a California administrator’s disapproval of recent updates to the state’s Low Carbon Fuel Standard (LCFS), credit prices in the secondary market plunged about 22.8% at market open Wednesday.
In light of a California administrator’s disapproval of recent updates to the state’s Low Carbon Fuel Standard (LCFS), credit prices in the secondary market plunged about 22.8% at market open Wednesday.


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