Are LCFS credit inventories trending lower?

LCFS credit prices are likely to be on the rise again as base line carbon intensity levels continue to move lower, causing it to become more difficult to generate credits.  Credits are needed to offset deficits.  During 2013 through 2015 the base line carbon intensity level was frozen at a 1% reduction.  California’s plan is to reduce their carbon intensity threshold by 10%.  In 2016, there was another…