In September 2023 the California Air Resources Board (CARB) released the Standardized Regulatory Impact Assessment (SRIA) aimed at changing the LCFS compliance curve. Current compliance calls for a 20% reduction from a 2010 baseline in the carbon intensity of transportation fuel by 2030. The proposed amendments would increase compliance to a 30% reduction by 2030 with additional step downs leading to a 90% reduction by 2045. The proposed amendments could lead to an additional 558 million credits needed to meet compliance. Under the SRIA, LCFS credit prices are expected to range between $120 to $180.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...