Overview
Argus Media is the only price reporting agency to assess forward pricing for California’s Low Carbon Fuel Standard (LCFS) consistent with renewable fuel sales in the state.
LCFS programs are designed to reduce the carbon intensity of on-road transportation fuels with an increasing range of renewable fuel alternatives. State fuel suppliers must blend fuels or buy credits to comply with the annual targets. These credits can be banked, which helps with ensuring compliance in future years when targets become more stringent.
Fuels are issued carbon intensity scores based on lifecycle greenhouse gas (GHG) emissions:
Fuels above targets — gasoline, diesel — generate deficits
Low-carbon alternatives — including renewable diesel, renewable natural gas biodiesel and ethanol — generate credits
LCFS credits and deficits remain within the state where the fuels are used:
California LCFS requires a 20pc cut in GHG emissions from a 2010 baseline by 2030
Oregon’s Clean Fuels Program requires a 20pc cut by 2030 and 37pc by 2035
Explore our oil products
Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.
Argus palm kernel shells (PKS)
Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.
Argus fob Vietnam wood pellet
The Argus fob Vietnam wood pellet spot index is a leading price reference for industrial wood pellets loading at specified key ports in Vietnam, with a 90-day window.
Argus LCFS
LCFS programs are designed to reduce the carbon intensity of on-road transportation fuels with an increasing range of renewable fuel alternatives. State fuel suppliers must blend fuels or buy credits to comply with the annual targets.
Argus International Renewable Energy Certificate (I-RECs)
International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.
Argus Guarantee of Origin (GOO)
Guarantee of origin certificates are used to label the source of electricity. Argus assesses certificates for Nordic hydro, European wind, European solar and European biomass for the current year, previous year and 3 years ahead.
Argus European Renewable Gas Guarantee of Origin (RGGO)
RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.
Argus bionaphtha fob ARA
The key price reference for naphtha produced from renewable feedstocks for northwest Europe.
Argus bionaphtha cfr NE Asia
The key price reference for naphtha produced from renewable feedstocks for northeast Asia.
Northwest Europe wood pellet
The Argus cif northwest Europe (NWE) wood pellet spot index is the benchmark price reference for industrial wood pellets delivered to ports in northwest Europe, including Denmark and the UK, with a 90-day spot window.
Argus SO2
Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.
Argus palm kernel shells (PKS)
Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.
Argus fob Vietnam wood pellet
The Argus fob Vietnam wood pellet spot index is a leading price reference for industrial wood pellets loading at specified key ports in Vietnam, with a 90-day window.
Argus LCFS
LCFS programs are designed to reduce the carbon intensity of on-road transportation fuels with an increasing range of renewable fuel alternatives. State fuel suppliers must blend fuels or buy credits to comply with the annual targets.
Argus International Renewable Energy Certificate (I-RECs)
International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.
Argus Guarantee of Origin (GOO)
Guarantee of origin certificates are used to label the source of electricity. Argus assesses certificates for Nordic hydro, European wind, European solar and European biomass for the current year, previous year and 3 years ahead.
Argus European Renewable Gas Guarantee of Origin (RGGO)
RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.
Argus bionaphtha fob ARA
The key price reference for naphtha produced from renewable feedstocks for northwest Europe.
Argus bionaphtha cfr NE Asia
The key price reference for naphtha produced from renewable feedstocks for northeast Asia.
Northwest Europe wood pellet
The Argus cif northwest Europe (NWE) wood pellet spot index is the benchmark price reference for industrial wood pellets delivered to ports in northwest Europe, including Denmark and the UK, with a 90-day spot window.
Argus SO2
Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.
Argus palm kernel shells (PKS)
Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.
Argus fob Vietnam wood pellet
The Argus fob Vietnam wood pellet spot index is a leading price reference for industrial wood pellets loading at specified key ports in Vietnam, with a 90-day window.
Argus LCFS
LCFS programs are designed to reduce the carbon intensity of on-road transportation fuels with an increasing range of renewable fuel alternatives. State fuel suppliers must blend fuels or buy credits to comply with the annual targets.
Argus International Renewable Energy Certificate (I-RECs)
International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.
Argus Guarantee of Origin (GOO)
Guarantee of origin certificates are used to label the source of electricity. Argus assesses certificates for Nordic hydro, European wind, European solar and European biomass for the current year, previous year and 3 years ahead.
Argus European Renewable Gas Guarantee of Origin (RGGO)
RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.
Argus bionaphtha fob ARA
The key price reference for naphtha produced from renewable feedstocks for northwest Europe.
Argus bionaphtha cfr NE Asia
The key price reference for naphtha produced from renewable feedstocks for northeast Asia.
Northwest Europe wood pellet
The Argus cif northwest Europe (NWE) wood pellet spot index is the benchmark price reference for industrial wood pellets delivered to ports in northwest Europe, including Denmark and the UK, with a 90-day spot window.
Argus SO2
Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.