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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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...