California LCFS resumes deficits with over 450k draw in Q1 2019

Published 22:41 on July 31, 2019  /  Last updated at 23:04 on July 31, 2019  /  Americas, RINs & LCFS, US  /  No Comments

Deficit generation exceeded credits under the California Low Carbon Fuel Standard (LCFS) during the first quarter of 2019, as renewable diesel and electric vehicle credit growth could not outpace the year’s more ambitious carbon intensity target.

Deficit generation exceeded credits under the California Low Carbon Fuel Standard (LCFS) during the first quarter of 2019, as renewable diesel and electric vehicle credit growth could not outpace the year’s more ambitious carbon intensity target.

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