LCFS

“What I'd tell you today probably would be sort of 70% RIN, 30% LCFS. Well, depending on which source of gas and where the market goes, all of a sudden that seems to swing back around. So they seem to stabilize each other, so the average range of 50 to 90, depe…”

“Because of the carbon intensity of dairy gas, and because they're trying to bend the curve on those carbon emissions, you're seeing dairy gas displace landfill gas, at least in California.”

“I actually am totally fine with moving gas to a utility at a lower price, because they're usually willing to sign terms, so 10 or 20 years, and so that just makes lots of logical sense versus a highly volatile LCFS and RIN market.”

“What we've seen from the revenue side or what that gas sells for, it will be anywhere from 10 dollars to 20 dollars a MMBTU is what that gas sells for in the non LCFS RIN markets. So if this is going to utilities or voluntary buyers, typically you're seeing t…”

“Where landfill RNG to the utility market may move for 10 to 20 dollars in MMBTU. They can be north of 50 dollars in MMBTU by the time they take the RIN and the LCFS credit in consideration, so they get in a transportation setting, and so the same for dairy. Li…”