LCFS and C&T Analysis

Expert Insights into LCFS Credit & Deficit Trends and C&T Allowance and Offset Demand and Price Trends.

Recent Insights

    Article

    Stillwater LCFS 101

    December 11, 2025

    LCFS Program & Credit Market Overview The Low Carbon Fuel Standard (LCFS) is one of several programs created under AB32, the California Global Warming Solutions Act of 2006, to reduce greenhouse gas (GHG) emissions across the state. AB32 was the first U.S. legislation to take a comprehensive, long-term approach to reducing anthropogenic GHG emissions across...
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    Article

    BC-LCFS 101

    November 21, 2025

    Situated on the Canadian Pacific Coast and primarily west of the Rocky Mountains, the Province of British Columbia (B.C.) has a diverse geography. Nearly half of the province’s estimated population of 5.7 million lives in the Vancouver metropolitan area. Population distribution as of 2017 are shown in the figure below. The major sectors of B.C.’s...
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    Flash Report

    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...
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