LCFS Credits Outpace Deficits
Total credit volume within California’s LCFS program increased 265,896 to 4.34 million during the fourth quarter of 2020. This was 6.53 percent above Q3 and 6.1 percent more than in Q4 of 2019. Deficit production fell by 56,301 to 3.96 million during the fourth quarter of 2020. This was 1.4 percent below Q3 but 1.8 percent above Q4 2019.
Biodiesel and renewable diesel consumption showed strong growth during fourth quarter reporting. Biodiesel credit generation increased 56,374 to 649,972 during the fourth quarter. This was 9.5 percent above third quarter reporting and the largest quarterly use of biodiesel on record. Renewable diesel credit generation increased 186,178 credits to 1.29 million Q4. This was 16.8 percent over third quarter reporting and…
05.09.2024
Michigan among growing list of US states incentivizing SAF
Following the passage of federal tax credits for production of sustainable aviation fuel (SAF), state governments across the US have been implementing tax credits of their own to secure...
05.09.2024
US fat exports hit multi-month high on shipments to Singapore
Four cars of packer bleachable fancy tallow (BFT) and four cars of choice white grease (CWG) traded higher on a Chicago basis on Thursday. Packer BFT was up to...
05.09.2024
Ruminant meat and bonemeal relative to CBOT soybean meal drops
US animal protein prices were steady on Thursday May 9 following multiple reports of limited trade.
Ruminant meat and bonemeal relative to soybean meal
Ruminant meat and bonemeal...