Current Publications Quarterly

Quarterly

CFP 4Q2021: Credit prices hold firm at $125 even as California LCFS credit prices decline below $110.

May 19, 2022

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Fourth quarter shows net credit of more than 4,500 MT.
  • Nearly 145,000 MT of credits for residential fueling of EVs were added for 2021.
  • Credit prices hold firm at $125 even as California LCFS credit prices decline below $110.

Quarterly

LCFS 4Q2021: Quarter-over-Quarter and Year-over-Year data compared and discussed

May 12, 2022

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Credit Bank: A record net credit of 975,000 MT for 4Q2021. Bank returns to 1Q2018 level of 9.5 million MT.
  • Volume Trends: Fourth quarter total transportation fuel volumes decreased 6.0% vs. 3Q2021 but increased 5.3% vs. 4Q2020
  • Analysis: Quarter-over-Quarter and Year-over-Year data compared and discussed

Quarterly

CFP 3Q2021: Third quarter shows net deficit of nearly 58,000 MT (before allocation of residential electric vehicle credits).

February 22, 2022

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Third quarter shows net deficit of nearly 58,000 MT (before allocation of residential electric vehicle credits).
  • Diesel and gasoline pools both show increase in average CI.
  • Credit prices remain constant at $125 even as California LCFS credit prices decline.

Quarterly

LCFS 3Q2021: RD & RNG Shine

February 15, 2022

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Credit Bank: Net credit of nearly 433,000 MT for 3Q2021
  • Volume Trends: Third quarter total transportation fuel volumes up 4.4% vs. 2Q2021 and 10.6% vs. 3Q2020
  • Analysis: 3Q2021 Trends – RD & RNG Shine

Quarterly

CFP 2Q2021: Second quarter credits and deficits nearly balanced with a net deficit of 2,000 MT

December 13, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Second quarter credits and deficits nearly balanced with a net deficit of 2,000 MT (before allocation of residential electric vehicle credits.)
  • Total renewable diesel volume is negative (as exports exceeded imports) but netted positive credits as export carbon intensity was higher than imports.
  • Credits from electric forklifts become significant.

Quarterly

LCFS 2Q2021: This quarter breaks with recent second-quarter trends – how, why, and what’s the result?

November 09, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Credit Bank: Net credit of 167,000 MT for 2Q2021
  • Volume Trends: First quarter total transportation fuel volumes up 28% vs. 2Q2020 and 13% vs. 1Q2021.
  • Analysis: This quarter breaks with recent second-quarter trends – how, why, and what’s the result?

Quarterly

CFP 1Q2021: Record net deficit of 117,000 MT for 1Q2021, excluding forthcoming residential EV credits.

August 31, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Record net deficit of 117,000 MT for 1Q2021, excluding forthcoming residential EV credits.
  • Credit generation is at lowest level since 1Q2019, and deficits are at a record high.
  • Diesel pool shows a first-time net deficit of 7,000 MT.

Quarterly

LCFS 1Q2020: 1Q2021 vs. 1Q2020 + Trends in RD Feedstocks

August 10, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Credit Bank: Net deficit of more than 259,000 MT for 1Q2021
  • Volume Trends: First quarter total transportation fuel volumes down 7% vs. 1Q2020.
  • Analysis: 1Q2021 vs. 1Q2020 + Trends in RD Feedstocks

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