LCFS Credit Price by Market
California is the dominate market when it comes to trading LCFS credits. There are two additional markets in which similar credits trade, Oregon and British Columbia. However, both are significantly smaller than California. When looking at the size of the diesel market, where renewable diesel and biodiesel have made significant inroads as alternate fuels, the Oregon diesel market it about a quarter of the size of California and British Columbia, while larger, is just over one third the size.
British Columbia was the first LCFS program. Adopted in 2008, British Columbia preceded both California and Oregon. California’s low carbon fuel standard, introduced by the California Air Resources Board (CARB) in 2009, was implemented in 2011. Oregon’s Clean Fuels…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...