RE:RE:Credit where due.wynner wrote: wynner wrote: CARB LCFS credits up to $57 USD/ton as of yesterday. Up again.
TWM has to get credits from somewhere.
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Revenue for the three
and six months ended June 30, 2024, includes approximately $55.7 million and $85.2 million of operating
emissions credit sales, respectively. For the same periods of 2023, there were no operating emissions
credit sales.
CARB credits still at $57US in August.
Meanwhile : BC LCFS : 1400 credits in one transaction ..........$350 ! as per the BC gov't. August.
Could it be Tidewater? I don't know. Could be? Who else is there?
I bought several thousand lower than today's price. Ready to add more after TWM secures financing next week.
More on CARB credits. Scotia did an in depth analysis last week. Very positive imo.
Raising the blend for RD from 5% to 9% in January 2025. Higher draw down of credits. Up to 30% by 2030. LCFS credits calculated to be $157 ? California.
Not mentioned.
Winter blend in Canada = less imports to BC. Tidewater already at 30% blend they said.
Cruise ships running on renewable out of Spain. New destination for Asia exports.
Neste down for a couple of months in Singapore for turnaround.
Let's get the elections over with.