Weekly LCFS Newsletter – July 28, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades increased significantly ahead of the reporting deadline for 1Q2021.
- CARB announces workshop to discuss draft version 3.0a of OPGEE model.
Weekly LCFS Newsletter – July 21, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades decreased significantly.
- New Energy Blue announced plans to construct a biomass refinery in Iowa to produce a carbon-negative transport fuel to displace gasoline.
Weekly LCFS Newsletter – July 14, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes decreased significantly, while number of trades increased slightly.
- EIA expects net imports of biomass-based diesel to be up in 2021 and 2022 due to increased volumes of RD imported to meet the California LCFS.
Weekly LCFS Newsletter – July 7, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased slightly.
- ICE announces record growth in futures and options trading in its North American environmental complex (which includes LCFS credits).
Weekly LCFS Newsletter – June 30, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- Report shows CI of oil produced in California has increased 22% since 2012.
Weekly LCFS Newsletter – June 23, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades increased.
- Aemetis and Covenant Energy move forward with plans for renewable jet and diesel plants in California and Canada, respectively.
Weekly LCFS Newsletter – June 16, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades increased.
- CARB releases whole slew of new Tier 2 pathways for 10-day public comment period.
Weekly LCFS Newsletter – June 9, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- California vehicles fueled with RNG achieved carbon-negativity for calendar year 2020.
Weekly LCFS Newsletter – June 2, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades increased.
- Agriculturalists are developing new oilseed crops and cover crops to meet demand for low-CI renewable fuel feedstocks.
Weekly LCFS Newsletter – May 26, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades decreased.
- CARB publishes 2020 Incremental Crude calculation for public comment showing an increase of 0.52 gCO2e/MJ year over year.
Weekly LCFS Newsletter – May 19, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades increased.
- CARB announces full compliance with LCFS in 2020 (no CCM to be held); Governor Inslee signs Washington’s Clean Fuels Program into law with subsection veto.
Weekly LCFS Newsletter – May 12, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades decreased
- Oregon DEQ reports all regulated parties complied with the 2020 clean fuel standards; no credit clearance market to be held this year.
Weekly LCFS Newsletter – May 5, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades increased.
- Washington Clean Fuels Program legislation awaits governor’s signature.
Weekly LCFS Newsletter – April 28, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- Washington State Legislature passes Clean Fuel Program legislation.
Weekly LCFS Newsletter – April 21, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- Washington House rejects Senate amendments to HB 1091 and asks Senate to “recede from amendments” in LCFS bill’s reconciliation process.
Weekly LCFS Newsletter – April 14, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes decreased and number of trades increased.
- Washington state LCFS bill passes in the Senate, now in reconciliation.
Weekly LCFS Newsletter – April 7, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes increased and number of trades decreased.
- Amended Washington LCFS bill passes Ways and Means Committee, bypasses Senate Transportation Committee, and is under consideration in Senate Rules Committee.
Weekly LCFS Newsletter – March 31, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades increased.
- Washington LCFS bill still alive in the Senate.
- Oregon adopts CFP amendments to advance transportation electrification.
Weekly LCFS Newsletter – March 24, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes decreased
- Number of trades increased.
- LCFS legislation fizzles in New Mexico, still alive in Washington state and Minnesota.
Weekly LCFS Newsletter – March 17, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades decreased.
- LCFS legislation introduced in Minnesota legislature and advanced in Washington state and New Mexico legislatures.
Weekly LCFS Newsletter – March 10, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades decreased.
- State-level LCFS legislation moves forward in Washington and New Mexico.
Weekly LCFS Newsletter – March 3, 2021
In this week’s edition…
- Credit prices increased while trading volumes and number of trades decreased.
- Washington state LCFS bill passes in the House, now under consideration in the Senate.
- New Mexico LCFS bill also under state Senate consideration.
Weekly LCFS Newsletter – February 24, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades increased significantly.
- Washington state’s LCFS bill advanced toward floor vote.
Weekly LCFS Newsletter – February 17, 2021
In this week’s edition…
- Credit prices, trading volumes, and number of trades decreased.
- Tier 2 pathway for electricity from dairy manure is released for public comment. Its CI of -762.09 gCO2/MJ would make it the lowest CI under the LCFS.
Weekly LCFS Newsletter – February 10, 2021
In this week’s edition…
- Credit prices increased slightly.
- Trading volumes decreased, and number of trades increased.
- California Congresswoman introduces bill including national SAF-only LCFS.
Weekly LCFS Newsletter – February 3, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both decreased.
- Diamond Green Diesel will move ahead with construction of an RD facility in Port Arthur, Texas; expected to come online in the second half of 2023.
Weekly LCFS Newsletter – January 27, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both decreased.
- New Mexico state senate introduces Clean Fuel Standard legislation.
Weekly LCFS Newsletter – January 20, 2021
In this week’s edition…
- Credit prices remained stable.
- Trading volumes and number of trades both increased.
- Additional jurisdictions mull or move forward with LCFS-style legislation.
Weekly LCFS Newsletter – January 13, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades both decreased.
- CARB announced $132,500 settlement with AltAir-Paramount, addressing reporting violations under the LCFS.
Weekly LCFS Newsletter – December 16, 2020
In this week’s edition…
- Credit prices slightly decreased.
- Trading volumes and number of trades both increased.
- Forthcoming Canadian Clean Fuel Standard will now only include liquid fuels, no longer adding gaseous and solid fuels in future phases.
Weekly LCFS Newsletter – December 9, 2020
In this week’s edition…
- Credit prices, trading volumes, and number of trades all decreased.
- New alternative jet fuel (AJF or sustainable aviation fuel, SAF) pathway application and Argus launches SAF pricing for the West Coast.
- Renewable Diesel growth hits New York Times’ radar.
Weekly LCFS Newsletter – December 2, 2020
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades both decreased.
- Global carbon capture and sequestration (CCS) capacity growing, incentivized in the U.S. by federal RFS, 45Q tax credit, and California’s LCFS.
- Expert modeling of Canada’s forthcoming Clean Fuel Standard (CFS) released, evaluating the program’s feasibility, cost, and economic growth potential.
Weekly LCFS Newsletter – November 25, 2020
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both decreased.
- Reuters Exclusive: U.S. biofuel industry officials to send letter to incoming Biden Administration pressing for federal LCFS-style program.
Weekly LCFS Newsletter – November 18, 2020
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades both increased.
- The energy-weighted CI of California’s natural gas vehicle fuel portfolio dipped below zero in 2Q2020, a first for any fuel portfolio under the LCFS.
Weekly LCFS Newsletter – November 11, 2020
In this week’s edition…
- Credit prices remained stable.
- Trading volumes and number of trades both increased.
- Forbes: Biden administration may have ability to shift federal RFS program toward a national LCFS model even with a Republican Senate.
Weekly LCFS Newsletter – November 4, 2020
In this week’s edition…
- Credit prices remained stable.
- Trading volumes and number of trades both decreased.
- Oregon CFP moves ahead with Electricity 2021 Rulemaking while Colorado sidelines Clean Fuel Standard as a potential near-term GHG-reduction tool.
Weekly LCFS Newsletter – October 28, 2020
In this week’s edition…
- Credit prices remained stable.
- Trading volumes and number of trades both decreased.
- California hydrogen fueling infrastructure to receive a boost from California Energy Commission grants and LCFS capacity credits.
Weekly LCFS Newsletter – October 21, 2020
In this week’s edition…
- Credit prices remained stable.
- Trading volumes and number of trades both increased.
- Oregon DEQ kicking off stakeholder conversation about how to expand the CFP to achieve a 25% CI reduction by 2035, as directed by Governor Brown.
Weekly LCFS Newsletter – October 14, 2020
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both decreased.
- Oregon’s 2021 Clean Fuels Forecast was released.
Weekly LCFS Newsletter – October 7, 2020
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both increased.
- Reuters, Advanced Biofuels Canada highlight the forthcoming Canadian Clean Fuel Standard’s impacts for renewable diesel.
Weekly LCFS Newsletter – September 30, 2020
In this week’s edition…
- Credit prices decreased.
- Trading volumes decreased.
- Number of trades decreased.
- Governor Newsom issued an executive order requiring sales of all new passenger vehicles to be zero-emission by 2035.
Weekly LCFS Newsletter – September 23, 2020
In this week’s edition…
- Credit prices increased.
- Trading volumes decreased while number of trades increased.
- S&P Global Platts finds that rising prices for government credits, including LCFS credits, have “pushed the value of available incentives above the cost of production for renewable distillates.”
Weekly LCFS Newsletter – September 16, 2020
In this week’s edition…
- Credit prices decreased.
- Trading volumes increased while number of trades decreased.
- RNG growth continues with seven new provisional pathway applications filed.
Weekly LCFS Newsletter – September 9, 2020
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades both increased.
- Nodal Exchange completes first-ever physical delivery of LCFS credits from an exchange-listed futures contract.
- Clean Energy Fuels Corp. to provide RNG for New York MTA buses, perhaps hedging against passage of an LCFS-style program in that state.
Weekly LCFS Newsletter – September 2, 2020
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades both decreased.
- Oregon DEQ announces moves toward implementation of Governor Brown’s “Oregon Climate Action Plan” Executive Order with amendments to Clean Fuels Program.
Weekly LCFS Newsletter – August 26, 2020
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both increased.
- New Occidental subsidiary to finance and deploy Carbon Engineering’s large-scale Direct Air Capture (DAC) technology, receive LCFS and 45Q credits.
Weekly LCFS Newsletter – August 19, 2020
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both increased.
- Former EPA staff recommend that EPA enact a federal LCFS program.