05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Weekly LCFS Credit Continues to Hit New Highs
Trading of LCFS credits during the week ending July 1sthit its highest weekly total of 2018. 450,573 credits traded, up 363,845 from last week and 52% more than a year ago. Per California’s Air Resource board (CARB), trading volume was up significantly week over week and well over the weekly average. The average weekly volume for 2018 moved from 173,455 credits to 184,114. Current weekly volume is…