Research
Summary
In January, Navius published the Q1 2026 edition of our Quarterly Low Carbon Fuels Market Outlook, which forecasts volumes and prices of credits generated and traded under the BC Low Carbon Fuel Standard (LCFS). Our latest analysis presents a 2025 credit valuation that is $150 below the observed annual average. This is a result of differences in how we value credits compared to real-world participants in the BC LCFS market, and offers interesting insights into behavioural dynamics in the market. In this blog, we explain why BC LCFS credit prices have diverged from economic fundamentals, and what this means for the future of the market.
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To learn more about this research, please contact Lucas Mehling.
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