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RFS Market: RIN prices directionless in July on lack of drivers

Published 17:38 on July 21, 2020  /  Last updated at 22:33 on July 21, 2020  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credits (RIN) values are stagnating in July as the market awaits clarity on next year’s proposed Renewable Fuel Standard (RFS) volumes and compliance waiver requests.

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LCFS Market: California prices slide further on sell-side pressure

Published 15:32 on July 17, 2020  /  Last updated at 22:23 on July 17, 2020  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) credits extended their recent losses this week as a large seller looked to offload credits and Governor Gavin Newsom (D) re-imposed several coronavirus restrictions due to surging case totals.

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Colorado LCFS feasibility study expected by end of the month

Published 22:59 on July 16, 2020  /  Last updated at 23:26 on July 16, 2020  /  Americas, RINs & LCFS, US  /  No Comments

A Colorado government agency will likely finalise by the end of the month a study assessing how a transportation sector low-carbon fuel standard (LCFS) could help the state meet its enhanced GHG reduction targets, an official said Thursday.

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British Columbia eases this year’s LCFS target as it extends programme to 2030

Published 16:12 on July 16, 2020  /  Last updated at 23:49 on July 16, 2020  /  Americas, Canada, RINs & LCFS  /  No Comments

British Columbia fuel suppliers will face a less stringent Low Carbon Fuel Standard (LCFS) benchmark in 2020 due to the coronavirus pandemic, but the sector will still see the transportation programme’s emissions reduction target double by the end of the decade, the province’s Ministry of Energy, Mines, and Petroleum Resources announced Wednesday.

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In light of COVID-19, stakeholders weigh relief for Brazil’s RenovaBio targets

Published 22:49 on July 13, 2020  /  Last updated at 23:59 on July 13, 2020  /  Americas, RINs & LCFS, South & Central  /  No Comments

The Brazilian government’s move to slash the credit targets for the country’s RenovaBio programme has split stakeholders, with sugarcane producers and allied lawmakers pushing back on the cut and large obligated parties calling for further relief, according to public comments.

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LCFS Market: California prices hit 2-month low on continued lack of demand

Published 14:51 on July 10, 2020  /  Last updated at 15:39 on July 10, 2020  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) credit prices sank past the $200 level this week as buyers continued to wait for the market to fall further and despite higher gasoline production in the Golden State.

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IMO policy should establish higher GHG reduction threshold for biofuels than CORSIA -report

Published 22:44 on July 8, 2020  /  Last updated at 22:44 on July 8, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, RINs & LCFS, Shipping  /  No Comments

The International Maritime Organization (IMO) should model its plan to decarbonise the global shipping sector on the CORSIA programme for aviation, but it should go further than its fellow UN body ICAO in setting a more ambitious carbon reduction target for sustainable fuels, according to a report published this week.

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ANALYSIS: Canadian Clean Fuel Standard seen withstanding carbon intensity target changes, delays

Published 17:02 on July 8, 2020  /  Last updated at 17:32 on July 8, 2020  /  Americas, Canada, RINs & LCFS, US  /  No Comments

Recent alterations to the emission reduction goals and publication schedule of the Canadian Clean Fuel Standard (CFS) will not threaten its environmental performance, but numerous programme design elements warrant further attention and analysis before the policy’s 2022 launch, stakeholders and researchers told Carbon Pulse.

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RFS Market: RINs dip on report that US EPA to delay biofuel quota publication

Published 18:58 on July 2, 2020  /  Last updated at 22:23 on July 2, 2020  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit prices (RINs) unwound some of their recent gains on Thursday after a news outlet reported the EPA will indefinitely delay publication of next year’s biofuel volumes under the Renewable Fuel Standard (RFS).

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LCFS Market: California prices dip towards $200 ahead of PG&E sale

Published 21:13 on June 30, 2020  /  Last updated at 22:59 on June 30, 2020  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) credit values continued their downward trend on Tuesday ahead of utility Pacific Gas & Electric’s (PG&E) latest auction.

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