11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
Daily Charts
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:
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