US Carbon Pricing and LCFS Roundup for week ending Mar. 26, 2021
A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including in New Mexico, Oregon, and New York.
Read MoreEV, renewable diesel expansion to nearly halve California LCFS prices by 2026 -report
California Low Carbon Fuel Standard (LCFS) values will fall significantly from current levels in the next five years as electric vehicles’ share of the transportation fuel pool rises and renewable natural gas (RNG) and renewable diesel production continues ramping up, according to a report published Thursday.
Read MoreLCFS Market: California prices slide on reports of Brazilian ethanol shipments
California Low Carbon Fuel Standard (LCFS) prices came off this week due to several possible factors, including entities reportedly looking to import Brazilian ethanol and abundant renewable diesel volumes weighing on credit values.
Read MoreRFS Market: RIN prices execute V-shaped weekend turnaround before compliance deadlines extended
US biofuel credit (RIN) values surged on Tuesday on strong bean oil prices and the reopening of a gasoline arbitrage, though the US EPA’s late afternoon confirmation of delayed Renewable Fuel Standard (RFS) deadlines erased some of these gains.
Read MoreUS Carbon Pricing and LCFS Roundup for week ending Mar. 19, 2021
A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including in California and the US Department of Agriculture.
Read MoreCalifornia carbon prices to hit $40 in 2030 as annual deficits grow -analysts
California Carbon Allowance (CCA) prices will more than double this decade as emissions reductions cannot keep pace with more ambitious cap-and-trade allowance budgets, analysts with a major US investment bank said Friday.
Read MoreBP to partner with renewable energy company for California RNG project
BP and renewables company Aria Energy announced a partnership on Thursday to develop a renewable natural gas (RNG) project in California that could allow the oil major to earn credits under the state’s Low Carbon Fuel Standard (LCFS) and federal Renewable Fuel Standard (RFS).
Read MoreRFS Market: RIN prices retrace as gas arbitrage closes
US biofuel credit (RIN) values declined from near all-time highs this week, as traders said a gasoline arbitrage window shut and Renewable Fuel Standard (RFS) market participants looked to divert product.
Read MoreWashington Senate LCFS opponent sees possible “path forward” for legislation
A key Washington state senator who has repeatedly blocked low-carbon fuel standard (LCFS) legislation sees a possible path forward for the bill this year if certain provisions are built in, he told a committee Tuesday.
Read MoreConsulting firm seeks LCFS transition for another California offset project
A sustainability consulting firm is aiming to transfer another California Carbon Offset (CCO) project into the state’s Low Carbon Fuel Standard (LCFS) for a negative carbon, electricity-based pathway, according to documents published Monday.
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