Flash Reports

Flash Report

Flash Report: 1Q2026 LCFS Data Show 2,832,860 MT Net Deficit

July 31, 2026

Today, CARB posted the first quarter 2026 data for the LCFS program. In today’s flash report, we offer a quick look at this third quarter data; our comprehensive analysis will be published in Stillwater’s Quarterly LCFS Newsletter which will be available to subscribers in August. The first quarter 2026 data show a net deficit of...

Cap and Compromise: CARB adopts Cap-and-Invest amendments on a divided 9-4 vote

June 1, 2026

Late on Friday, May 29th, the California Air Resources Board (CARB) adopted updates to California’s Cap-and-Invest Program on a 9 to 4 vote, ending a process that effectively began in 2023 and clearing the way for the amended program to take effect on September 1, 2026. The package tightens the program’s emissions cap through 2030...

Flash Report: 4Q2025 LCFS Data Show 1.86 million MT Net Deficit

April 30, 2026

Today, CARB posted fourth quarter 2025 data for the LCFS program. In today’s flash report, we offer a quick look at this fourth quarter data; our comprehensive analysis will be published in Stillwater’s Quarterly LCFS Newsletter which will be available to subscribers on Thursday, May 7th. The fourth quarter data show a net deficit of...

Flash Report: 3Q2025 LCFS Data Show 1.71 million MT Net Deficit

January 30, 2026

Today, CARB posted the third quarter 2025 data for the LCFS program. In today’s flash report, we offer a quick look at this third quarter data; our comprehensive analysis will be published in Stillwater’s Quarterly LCFS Newsletter which will be available to subscribers on Thursday, February 5th. The third quarter data show a net deficit...

Flash Report: 2Q2025 LCFS Data Show 3.17 million MT Net Credit

October 31, 2025

Today, CARB posted the second quarter 2025 data for the LCFS program. In today’s flash report, we offer a quick look at this second quarter data; our comprehensive analysis will be published in Stillwater’s Quarterly LCFS Newsletter which will be available to subscribers on Thursday, November 6th. The second quarter data show a net credit...

Flash Report: 1Q2025 LCFS Data Show 2.87 million MT Net Credit

July 31, 2025

Today, CARB posted the first quarter 2025 data for the LCFS program. In today’s flash report, we offer a quick look at this first quarter data; our comprehensive analysis will be published in Stillwater’s Quarterly LCFS Newsletter which will be available to subscribers on Thursday, August 21st. The first quarter data show a net credit...