LCFS 3Q2020: Ethanol CI declines; Credits from RNG, Low-CI Electricity, and AJF grow + Credit Bank Distribution Analysis

In this quarterly edition…

• Credit Bank: Surprising net credit of nearly 116,000 MT for 3Q2020
• Volume Trends: Transportation fuel volumes were up 13% from 2Q2020 but were still down 11.3% from 3Q2019.
• Analysis 1: Credit Bank Distribution Analysis
• Analysis 2: Ethanol CI declines; Credits from RNG, Low-CI Electricity, and AJF grow