Proposed regulations to update California’s Low Carbon Fuel Standard (LCFS) are “fundamentally flawed” and could lead to a market upheaval for low-carbon fuels across the state, the Renewable Fuels Association (RFA) said in comments to the California Air Resources Board (CARB).
The RFA’s comments to the CARB, dated Wednesday October 16, underscore the groups’ previously submitted statements that renewable fuel producers and California consumers will be negatively impacted if CARB moves ahead with its proposed amendments to the LCFS that include new sustainability requirements and an “arbitrary” new method for assigning land use change penalties.
“This proposal is completely disconnected from reality and, if finalized, will very likely result in shortages of low-carbon fuels and higher fuel prices for California consumers,” Geoff Cooper, RFA president and chief executive officer, said.
…
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.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...