United States, Colorado, Boulder - 12/11/2019 (PRDistribution.com)
The Low Carbon Fuel Standard (LCFS) is set to make a significant impact on the demand for Low CI feedstocks for biodiesel, renewable diesel, and co-processing, according to a report released by The Jacobsen.
The Jacobsen poured through over 700+ streams of data, proprietary surveys, and 50+ industry conversations to arrive at two scenarios looking at the future of LCFS.
The report starts with a look at the California Air Resource Board's (CARB) projections and how those numbers will impact feedstock balance sheets till 2030. The Jacobsen then applies their methodology to CARB's numbers, adjusting assumptions and trends to show an alternative forecast backed by the Jacobsen's research on current and funded projects. Lastly, they present a 10-year forecast factoring in rumors, innuendo, and technologies like co-processing. The analysis seems to suggest a more significant impact than anyone is currently predicting.
"The future of agriculture crops and waste products for the production of fuel is the single largest opportunity for struggling US farmers today, and it isn't just corn and soybeans," states John Cusick, a Senior Analyst at The Jacobsen.
In the spirit of transparency, The Jacobsen is also supplying customers with balance sheets for used-cooking oil (UCO), tallow, distillers’ corn oil (DCO), soybean oil, and canola oil. Customers will also be given access to their Infrastructure Project Monitor that looks at new construction, retrofitting, and announcements. Supplied with this information, The Jacobsen believes customers will arrive it the same conclusions.
Learn more about the report here: https://thejacobsen.com/consulting/lcfs-outlook/
About The Jacobsen
The Jacobsen sets the benchmark for a wide range of commodities trading as a result of our unbiased, rigorous, neutral position in the market. We employ experts with unparalleled experience in supply-demand fundamentals, reporting, and forecasting in both long-standing and emerging markets. Since 1865 we've been a price reporting agency, which puts us in a rarefied field of companies that have survived for so long