05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
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63,045 LCFS Transfers Exceed Proposed 2020 Cap
California regulation established the maximum price for LCFS credits acquired, purchased, or transferred in the Credit Clearance Market (CCM) at $200 in 2016, and it requires this price to be adjusted by a Consumer Price Index (CPI) deflator in all years subsequent to 2016.
A CCM has not been held for the purchase of additional credits since 2016. The maximum price for credits to be acquired, purchased, or transferred has not approached the price cap until 2020. The CCM Price cap is $217.97 for 2020.
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