California Air Resources Board (CARB) released quarterly fuel and credit production data showing the Low Carbon Fuel Standard (LCFS) continues to perform above projections. Second-quarter credit production increased 10 percent to 7.35 million credits, while deficits churned eight percent higher to 5.75 million credits.
The largest credit producers were renewable diesel, electricity, and renewable natural gas (RNG), combining to provide 80 percent of all credits generated. Renewable diesel produced 38 percent of all credits, nearly as many as electricity and RNG combined.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...