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The California Air Resources Board updated its Low-Carbon Fuel Standard dashboard with data showing biodiesel and renewable diesel generated 6.8 credits in 2020. From 2011 to 2020, the two fuels accounted for 43% of LCFS emissions reductions, and 93% of their 2020 credits came from waste feedstocks.
The figures highlight policy-driven demand for low-carbon fuel feedstocks, including fats and oils, but do not establish a new demand change or price signal for a specific feed commodity.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.