Weekly LCFS Newsletter – November 24 2021
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades increased significantly.
- Arbor Renewable Gas selects Beaumont, Texas as home of its first renewable gasoline plant, intending to supply drop-in gasoline made from woody biomass into the California LCFS market.
Weekly LCFS Newsletter – November 17, 2021
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes increased and number of trades decreased.
- Canada postpones finalization of Clean Fuel Standard while Washington State’s fledgling Clean Fuel Standard faces potential legal challenge over Governor’s amendatory veto.
Weekly LCFS Newsletter – November 10, 2021
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades significantly decreased.
- The federal infrastructure bill includes provisions to increase EV charging infrastructure and replace thousands of public transit vehicles with ZEVs.
Weekly LCFS Newsletter – November 3, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades increased.
- “Feedstock wars” heat up as soybean oil is in high demand by RD and BD producers as well as those outside of the transport fuels industry.
Weekly LCFS Newsletter – October 27, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- CARB announces final Annual Crude Average CI for 2020
- New this week: Credit Price Trends – Daily vs. Moving Averages.
Weekly LCFS Newsletter – October 20, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades decreased.
- Marathon Martinez and Phillips 66 Rodeo Renewed projects face some permitting headwinds.
Weekly LCFS Newsletter – October 13, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades increased.
- Minnesota governor directs state agencies to explore ways to reduce transportation carbon to inform a potential Clean Fuel Standard in that state.
Weekly LCFS Newsletter – October 6, 2021
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades increased.
- News: Pennsylvania considers an LCFS, Texas BD plant closes, Washington RD plant expands, and Delta signs sizeable SAF offtake agreement.
Weekly LCFS Newsletter – September 29, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes increased and the number of trades decreased.
- USDA announces investments in the adoption of climate-smart agricultural practices, helps secure farmers premier access to LCFS markets.
Weekly LCFS Newsletter – September 22, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- As credit prices decline, CARB and DEQ announce meetings to discuss forward-looking program goals and scope.
Weekly LCFS Newsletter – September 15, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes increased and number of trades decreased.
- Multiple new biogas to RNG and electricity pathways portend continuing growth in those fuels.
Weekly LCFS Newsletter – September 8, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes increased and number of trades decreased.
- New Mexico agencies request budget to implement proposed clean fuel standard.
Weekly LCFS Newsletter – September 1, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both increased.
- Oregon DEQ proposes to adopt California’s Clean Truck and Emissions Rules.
Weekly LCFS Newsletter – August 25, 2021
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades both increased.
- Minnesota seriously eyeing its own LCFS program.
Weekly LCFS Newsletter – August 18, 2021
In this week’s edition…
- Credit prices decreased slightly.
- U.S. renewable fuels producers face headwinds from high feedstock costs.
- American Coalition for Ethanol urges President Biden to increase volumes under the RFS to “ensure uninterrupted market access for E15.”
Weekly LCFS Newsletter – August 11, 2021
In this week’s edition…
- Credit prices decreased slightly.
- Trading volumes and number of trades decreased significantly.
- Phillips 66 reports the successful start-up of its RD unit in Rodeo, CA
Weekly LCFS Newsletter – August 4, 2021
In this week’s edition…
- Credit prices increased slightly.
- Trading volumes and number of trades decreased significantly.
- HollyFrontier announces intention to purchase Sinclair, adding another RD plant to its two existing RD projects.
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.