1-514-695-8095

Clean Fuels for Carbon Credit Markets

Targray is a leading supplier of LCFS fuel – biodiesel with a lower carbon intensity for the California market. This high-performance biofuel is provided to customers who wish to abide by the state of California’s low carbon fuel standard (LCFS), a law that encourages the use of lower carbon-emitting fuels.

Select biodiesel fuels show significant carbon savings compared to standard diesel fuel and, as a result, generate significant tax credits. The feedstock used to make biodiesel affects the Carbon Intensity (CI) rating of the biodiesel. Some feedstocks create a very small number of carbon credits, while others create a very large number of credits. The resulting credits are sold per metric ton of carbon saved / avoided. The price per ton fluctuates daily and is reported by various industry sources such as OPIS and Argus.

LCFS Carbon Intensity Chart

The CI values for different biodiesel feedstocks are listed in the table below. The lower the CI, the greater the number of tax credits generated, resulting in higher savings for end users. Our California LCFS fuel is ideally suited to end users seeking to take advantage of the state’s low-carbon emitting incentives.

Pathway Identifier Pathway Description Carbon Intensity Values (gCO2e/MJ)
TBD Conversion of Midwest soybeans to biodiesel (fatty acid methyl esters – FAME) 51.83
TBD Conversion of waste oils (Used Cooking Oil) to biodiesel (fatty acid methyl esters – FAME) where “cooking” is required. Fuel produced in the Midwest 19.87
TBD Conversion of North American Canola to biodiesel (fatty acid methyl esters – FAME) 50.23
TBD Conversion of corn oil, extracted from distillers grains prior to the drying process, to biodiesel 28.68
TBD Conversion of mixed tallow to biodiesel (FAME process); feedstock originates in and production occurs in the United States; cooking required 32.83
Pathway Identifier Pathway Description Carbon Intensity Values (gCO2e/MJ)
BIOD001 Conversion of Midwest soybeans to biodiesel (fatty acid methyl esters – FAME) 83.25
BIOD002 Conversion of waste oils (Used Cooking Oil) to biodiesel (fatty acid methyl esters – FAME) where “cooking” is required 15.84
BIOD003 Conversion of waste oils (Used Cooking Oil) to biodiesel (fatty acid methyl esters – FAME) where “cooking” is not required 11.76
BIOD004 Conversion of waste oils (Used Cooking Oil) to biodiesel (fatty acid methyl esters – FAME) where “cooking” is required. Fuel produced in the Midwest 18.72
BIOD005 Conversion of waste oils (Used Cooking Oil) to biodiesel (fatty acid methyl esters – FAME) where “cooking” is not required. Fuel produced in the Midwest 13.83
BIOD006 Conversion of North American Canola to biodiesel (fatty acid methyl esters – FAME) 62.99
BIOD007 Conversion of corn oil, extracted from distillers grains prior to the drying process, to biodiesel 4.00
BIOD008 Conversion of mixed tallow to biodiesel (FAME process); feedstock originates in and production occurs in the United States; cooking required 40.18

Targray can help you select the best combination of biofuel price vs. freight cost vs. LCFS value in order to optimize your LCFS fuel purchases in California. Contact us for more information.

renewable diesel
Renewable Diesel

We supply Renewable Diesel produced from vegetable oils & waste animal fats.

biodiesel sales
Domestic Biodiesel Sales

We are an industry leading supplier of Biodiesel in the United States and Canada.

biodiesel exports
Biodiesel Exports

We supply ocean vessels of B20 / B99 / B100 Biodiesel to markets around the world.

Contact Targray

To get a quote or to learn more about our Biodiesel business.

+1 (514) 695-8095

To discuss your needs with a Biofuels expert.