Weekly LCFS Newsletter – May 11, 2022
In this week’s edition…
- Credit prices increased.
- Trading volumes and number of trades decreased significantly.
- CARB releases draft 2022 Climate Change Scoping Plan with hints at future of LCFS program; BC files provincial LCFS program overhaul.
Weekly LCFS Newsletter – May 4, 2022
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- 4Q2021 LCFS data released April 29th show record build in the credit bank.
Weekly LCFS Newsletter – April 27, 2022
In this week’s edition…
- Credit prices increased slightly.
- Trading volumes and number of trades decreased.
- Sustainable aviation fuel production and off-take announcements pile up.
Weekly LCFS Newsletter – April 20, 2022
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- Crimson Renewable Energy unveils newly expanded Bakersfield BD project.
Weekly LCFS Newsletter – April 13, 2022
In this week’s edition…
- Credit prices decreased.
- Trading volumes and number of trades increased.
- LCFS proposals flail in additional jurisdictions & Occidental Petroleum seeks access to LCFS credits via direct air capture to enhance oil recovery.
Weekly LCFS Newsletter – April 6, 2022
In this week’s edition…
-
- Credit prices increased.
- Trading volumes and number of trades decreased.
- Washington state legislature sidesteps amendatory veto legal strife to revive Clean Fuel Standard.
Weekly LCFS Newsletter – March 30, 2022
In this week’s edition…
-
- Credit prices increased.
- Trading volumes and number of trades increased.
- Oregon DEQ proposes extending CFP to 2035 with a 37% CI reduction target.
Weekly LCFS Newsletter – March 23, 2022
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- Fledgling Climate Protection Plan faces business opposition in Oregon.
Weekly LCFS Newsletter – March 16, 2022
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- As fuel prices rise, major news outlets report on the LCFS’ contribution to the price of fuel in California.
Weekly LCFS Newsletter – March 9, 2022
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes increased and number of trades decreased.
- Marathon announces JV with Neste for Martinez renewable fuels project.
Weekly LCFS Newsletter – March 2, 2022
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- Chevron to acquire REG in all-cash transaction valued at $3.15 billion.
Weekly LCFS Newsletter – February 23, 2022
In this week’s edition…
-
- Credit prices decreased slightly.
- Trading volumes and number of trades increased.
- February EIA STEO introduced forecasts for BD, RD, and other biofuels.
Weekly LCFS Newsletter – February 16, 2022
In this week’s edition…
-
- Credit prices increased slightly.
- Trading volumes and number of trades decreased.
- ExxonMobil to invest $125M in Global Clean Energy Holdings, Inc.
Weekly LCFS Newsletter – February 9, 2022
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- Kinder Morgan announces Southern California renewable diesel hub project.
Weekly LCFS Newsletter – February 2, 2022
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- New Mexico LCFS bill – SB 14 – clears two senate committees.
Weekly LCFS Newsletter – January 26, 2022
In this week’s edition…
-
- Credit prices increased.
- Trading volumes and number of trades decreased.
- CARB releases 2022 Annual Update to Lookup Table CIs for California Grid Electricity for public comment
Weekly LCFS Newsletter – January 19, 2022
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades decreased.
- Study indicates less than half of EIA’s projected U.S. RD output likely by 2025.
Weekly LCFS Newsletter – January 12, 2022
In this week’s edition…
-
- Credit prices increased.
- Trading volumes and number of trades significantly increased.
- New York reintroduces LCFS legislation.
Weekly LCFS Newsletter – January 5, 2022
In this week’s edition…
-
- Credit prices increased.
- Trading volumes increased and number of trades decreased.
- REG acquires fuel distributer Amber Resources, vertically integrating and enabling REG to capture full value of LCFS credits earned by its low-CI fuels.
Weekly LCFS Newsletter – December 29, 2021
In this week’s edition…
-
- Credit prices increased.
- Trading volumes and number of trades decreased.
- Oregon DEQ announced it would hold Public Workshops beginning January 20, 2022 on the CFP expansion.
Weekly LCFS Newsletter – December 22, 2021
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes and number of trades increased.
- A wave of renewable fuel investment announcements and offtake agreements publicized as the year draws to a close + New Mexico governor renews push for LCFS.
Weekly LCFS Newsletter – December 15, 2021
In this week’s edition…
-
- Credit prices decreased.
- Trading volumes decreased and number of trades increased.
- Numerous new pathways filed & lots of chatter about growth in oilseed crops (and cover crops) for use as RD feedstocks.
Weekly LCFS Newsletter – December 8, 2021
In this week’s edition…
-
- Credit prices increased.
- Trading volumes and number of trades increased significantly.
- CARB hosts public workshop on potential future changes to the LCFS program.
Weekly LCFS Newsletter – December 1 2021
In this week’s edition…
-
- Credit prices increased.
- Trading volumes and number of trades decreased significantly.
- International Energy Agency publishes “Carbon capture in 2021: Off and running or another false start?”
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.