Discover and read the best of Twitter Threads about #LCFS
Most recents (2)
US renewable diesel is approaching a breaking point. Things aren’t adding up. Let’s dive in with some highlights from my renewable diesel primer, now live on the @TheTerminal.
#OOTT, #RenewableDiesel, #RINs, #LCFS
🧵 (1/15)
#OOTT, #RenewableDiesel, #RINs, #LCFS
🧵 (1/15)
Domestic production has tripled since 2019, reaching 95 kbd in 2022. My analysis of project timelines indicate supply could double this year and reach 320 kbd in 2025. (2/15) 
US demand won’t keep up. Proposed volume mandates under the RFS only support about 143 kbd in 2023 and 167 kbd in 2025. I view this as the cap on domestic demand due to the role of RINs on producer margins. (3/15)
Thread
1/ I've said it before and I'll say it again:
Leaving #sustainablefinance standard setting to the EU alone (while the best we can do in light of Trump) is a suboptimal solution to a real challenge for the global capital markets' transition to net zero.
Case in point 👇
1/ I've said it before and I'll say it again:
Leaving #sustainablefinance standard setting to the EU alone (while the best we can do in light of Trump) is a suboptimal solution to a real challenge for the global capital markets' transition to net zero.
Case in point 👇
2/ The @EU_Commission under the leadership of @vonderleyen @TimmermansEU @VDombrovskis, plus @ESMAComms @eiopa_europa_eu & other regulators, have done an admirable job moving the #SustainableFinance agenda forward under difficult circumstances. See: ec.europa.eu/info/business-…
3/ Yet without US capital markets regulators like SEC/CFTC/Treasury/Fed in the game, we're stuck with a very European, prescriptive approach to #SustainableFinance regulation... e.g. treating "solid" fossil fuels like coal differently than oil & gas. ft.com/content/07083d…
