California regulation established the maximum price for LCFS credits acquired, purchased, or transferred in the Credit Clearance Market (CCM) at $200 in 2016, and it requires this price to be adjusted by a Consumer Price Index (CPI) deflator in all years subsequent to 2016.
A CCM has not been held for the purchase of additional credits since 2016. The maximum price for credits to be acquired, purchased, or transferred has not approached the price cap until 2020. The CCM Price cap is $217.97 for 2020.
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01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...