Increased renewable diesel LCFS credit generation and tumbling credit prices

March 23, 2023

9am CST | 3pm GMT

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In the first quarter of 2023, we're seeing a major increase in renewable diesel credit generation, which is resulting in credit prices tumbling to multi-year lows. The volume of credits transacted during the first weeks of the year is significantly above last year's transactions for the same period.

Will cheaper credits mean less incentive for producers and traders? And, if so, could the LFCS program update its targets for 2030 and lift trade by doing so?

Our senior price reporter and analyst, Robert Lane, answers these pressing questions in our FREE webinar.

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Robert Lane,
Senior price reporter and analyst,
Fastmarkets


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