Jun. 30 at 12:20 PM
$AMTX Aemetis (NASDAQ: AMTX)
$GEVO $CLNE $OPAL $ALTO
Following a tumultuous few months of uncertainty, the California Air Resources Board (CARB) announced on Friday, June 27, that it had received approval from the Office of Administrative Law (OAL) for its amended Low Carbon Fuel Standard (LCFS) Regulation. The amended regulation with a new, stricter CI benchmark, is scheduled to take effect in July 2025, covering transactions and volumes of fuel supplied on and after July 1, 2025.
As an initial response, spot prices on June 27 jumped up 12% in a single day, reaching
$50 for the first time since May 23.
cCarbon’s nowcast estimates credit bank to surpass 43 million MT as of June 30, 2025 (compared to 37.5 million MT as of December 31, 2024). We expect the bank to decrease to 39 million MT by the end of Q4 2025.
