California Air Resources Board (CARB) released quarterly fuel and credit production data showing the Low Carbon Fuel Standard (LCFS) continues to perform above projections. Second-quarter credit production increased 10 percent to 7.35 million credits, while deficits churned eight percent higher to 5.75 million credits.
The largest credit producers were renewable diesel, electricity, and renewable natural gas (RNG), combining to provide 80 percent of all credits generated. Renewable diesel produced 38 percent of all credits, nearly as many as electricity and RNG combined.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
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CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...