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...
The volume of LCFS credits that traded during the week ending April 23rd, was down 38% from the week prior. Per California’s Air Resource board (CARB), 92,122 credits traded between April 17th and the 23rd. Average weekly volume during 2017 decreased from 93,932 credits to 93,819. This is noticeably less than the 121,567-average covering the second half of 2016.
The latest weekly…