Is there a reason why you’re aggregating the “other” category along with canola and soybean oil when calculating current feedstock usage relative to the 20% canola + SBO cap?
Is it fair to assume that everything in the “other” category also comes from soy and canola? I haven’t seen this explicitly anywhere, but had a suspicion it was the case…
Understood on why you’d combine the two then. Was that information on how they dealt with the “Other” category publicly available? I’ve been looking all over for answers to that question myself and haven’t been able to find anything, but maybe I’ve been looking in the wrong places…
I don't know if anything off the top of my head. Maybe they said something in a FAQ/guideline document (Google CARB LCFS FAQ, they have a whole page dedicated to this type of stuff). You can see the feedstock volumes/credit gen in the quarterly excel sheet
In regards to ethanol, are the changes more likely to potentially help or harm ethanol producers?
Since corn oil is not capped. Is this likely to significantly increase the price of corn oil moving forward by giving it an advantage over other feedstocks?
Ethanol: likely a push. Ethanol will receive less credits/gallon but the regs makes gasoline more expensive helping E85 sales. EV adoption is the biggest headwind to ethanol.
Corn oil: the feedstocks limits dont really hit until 2028. The new regs are more supportive of corn oil, whether that actually leads into pricing, we will see.
Is there a reason why you’re aggregating the “other” category along with canola and soybean oil when calculating current feedstock usage relative to the 20% canola + SBO cap?
Is it fair to assume that everything in the “other” category also comes from soy and canola? I haven’t seen this explicitly anywhere, but had a suspicion it was the case…
CARB doesn't break out Canola used as a feedstock for RD and didn't break out SBO used for RD until 2021
Thanks for getting back to me!
Understood on why you’d combine the two then. Was that information on how they dealt with the “Other” category publicly available? I’ve been looking all over for answers to that question myself and haven’t been able to find anything, but maybe I’ve been looking in the wrong places…
I don't know if anything off the top of my head. Maybe they said something in a FAQ/guideline document (Google CARB LCFS FAQ, they have a whole page dedicated to this type of stuff). You can see the feedstock volumes/credit gen in the quarterly excel sheet
https://ww2.arb.ca.gov/resources/documents/low-carbon-fuel-standard-reporting-tool-quarterly-summaries
Will take a look - thanks again for your help!
In regards to ethanol, are the changes more likely to potentially help or harm ethanol producers?
Since corn oil is not capped. Is this likely to significantly increase the price of corn oil moving forward by giving it an advantage over other feedstocks?
Ethanol: likely a push. Ethanol will receive less credits/gallon but the regs makes gasoline more expensive helping E85 sales. EV adoption is the biggest headwind to ethanol.
Corn oil: the feedstocks limits dont really hit until 2028. The new regs are more supportive of corn oil, whether that actually leads into pricing, we will see.