**Please Note – Bob Lane was out of the office today and will return on January 10.**
LCFS Transaction Volumes Remain Strong
The volume of LCFS credits traded during the week ending January 2, 2022, totaled 773,226, according to the California Air Resources Board (CARB). Type 1 transfers totaled 136,153 credits, while type 2 transfers accounted for 485,920 credits.
Type 1 transactions are executed within 10 days of an agreement and would be considered spot market trades. Type 2 transactions are executed beyond 10 days of a transfer agreement and do not provide a date the agreement was entered. Type 1 transfers had a price range of $143.50 to $154 and a weighted average price of $148.70 during the week. Type 2 transactions had a price range of $143.50 to $199.67 and a weighted average of $177.05.
Trading was most active on December 28, 2021. The highest daily price was $199.67 that same day. The value of the total overall…
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Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
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Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
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Sausage casings bulletin, January 10, 2025
Runner market commentary
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