RFS Market: RIN prices directionless in July on lack of drivers
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.
Read MoreLCFS Market: California prices slide further on sell-side pressure
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.
Read MoreColorado LCFS feasibility study expected by end of the month
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.
Read MoreBritish Columbia eases this year’s LCFS target as it extends programme to 2030
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.
Read MoreIn light of COVID-19, stakeholders weigh relief for Brazil’s RenovaBio targets
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.
Read MoreLCFS Market: California prices hit 2-month low on continued lack of demand
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.
Read MoreIMO policy should establish higher GHG reduction threshold for biofuels than CORSIA -report
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.
Read MoreANALYSIS: Canadian Clean Fuel Standard seen withstanding carbon intensity target changes, delays
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.
Read MoreRFS Market: RINs dip on report that US EPA to delay biofuel quota publication
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).
Read MoreLCFS Market: California prices dip towards $200 ahead of PG&E sale
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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