11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
Weekly LCFS credit volume of 444,939 was 21 percent over the average weekly credit volume for the year but 179,121 credits below last week’s total. Volume declined 29 percent from the prior week but was 286,888 over last year’s credit total for the same period. The average price paid per credit increased $0.01 to $197.19. There were 67 transactions, 25 percent were type 1 transfers of 146,890 credits and 42 were type 2 transfers of 298,049 credits. Type 1 transactions are executed within 10 days of an agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. Type 1 transactions may give a better indication of current market conditions since Type 2 transactions do not provide a date the agreement was entered into. The weighted average price for type 1 trades was $196.47, $0.72 below the average for all trades. Fourth quarter volume is eight percent below third quarter volume but…