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...
** Notice** The Jacobsen will discontinue reporting various price points by the end of March, 2021. Regional biodiesel reporting as well as The Jacobsen B100 Index will be removed in favor of additional biodiesel and renewable diesel price points. Renewable Diesel (cents/gal) California LA will be eliminated along with Biodiesel LA CA dlvd ($/MT). International reporting will be adjusted to better reflect both the Renewable Diesel and Biodiesel Market.
First Quarter 2021 LCFS Credit Volume 55% Above First Quarter 2020
Weekly LCFS credit volume of 306,191 is 19 percent below the 2021 weekly average of 379,780 but 97 percent over the same weekly period last year. First quarter volume is four percent below fourth quarter volume but 55 percent over Q1 of 2020. The average price paid per credit increased $2.98 to $198.77….