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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Update on Colorado LCFS Feasibility Study
Colorado launched a feasibility study to understand how much progress might be made toward reaching their climate goals through the use of a LCFS like program. Colorado’s Climate Action Plan aims to reduce greenhouse gas emissions by at least 26 percent by 2025, at least 50 percent by 2030, and at least 90 percent by 2050 from greenhouse gas emission that existed in 2005. The Colorado LCFS feasibility study may be completed by the summer of 2020. Preliminary conclusions could be used to shape a policy in the spring. Colorado has joined California and nine other states in adopting zero emission vehicle (ZEV) mandates to supplement reaching their climate goals. Colorado Feasibility Study timeline:
- Introduced November of 2019
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