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...
Weekly LCFS Credit Continues to Hit New Highs
Trading of LCFS credits during the week ending August 26thdecreased, falling below the average weekly pace for 2018. The price range the credit price traded in expanded while the weighted average trading price edged lower. Per California’s Air Resource board (CARB), 93,544 credits traded, down 172,086 from last week but 14% more than what traded a year ago. The average weekly volume for 2018 moved…