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Biofuels prices: Low carbon fuel standards (LCFS) prices | Argus Media

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class="qa-banner-title">Argus Low Carbon Fuel Standards (LCFS) </h1><div class="h4 qa-banner-description">Argus leads the way in low-carbon fuel standard (LCFS) prices with comprehensive coverage along the US west coast</div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#details" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Price assessment details</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our oil products reports</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price 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class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>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.&nbsp;&nbsp;</p> <p><strong>Fuels are issued carbon intensity scores based on lifecycle greenhouse gas (GHG) emissions:&nbsp;</strong></p> <ul> <li>Fuels above targets &mdash; gasoline, diesel &mdash; generate deficits&nbsp;</li> <li>Low-carbon alternatives &mdash; including renewable diesel, renewable natural gas biodiesel and ethanol &mdash; generate credits&nbsp;</li> </ul> <p>&nbsp;</p> <p><strong>LCFS credits and deficits remain within the state where the fuels are used:&nbsp;</strong></p> <ul> <li>California LCFS requires a 20pc cut in GHG emissions from a 2010 baseline by 2030</li> <li>Oregon&rsquo;s Clean Fuels Program requires a 20pc cut by 2030 and 37pc by 2035</li> <li>Washington's Clean Fuel Standard began in 2023 with a 1pc reduction in 2024.&nbsp;</li> </ul></div></div></div></div></div></div></div></div><div class="component component-padding grey"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-9"><h2 class="qa-textpanel-title">Price assessment details</h2><div class="qa-textpanel-description TextPanel_description__v7NGU"><h3>What are the advantages of the Argus LCFS price assessments?</h3> <p>Argus assesses both spot and four forward quarters for the California and Oregon markets. This enables participants to use forward pricing to match renewable fuel sales in California.&nbsp;<br /> <br /> Market coverage includes &cent;/USG premiums for ethanol, biodiesel and alternative jet fuel, and compliance costs for gasoline and diesel.&nbsp;</p> <p>Argus LCFS assessments include:</p> <ul> <li>California LCFS credits&nbsp;</li> <li>Oregon LCFS credits&nbsp;</li> <li>Washington LCFS credits&nbsp;</li> <li>California and Oregon LCFS costs for gasoline, diesel&nbsp;</li> <li>Canada CFR cost for gasoline, diesel&nbsp;</li> </ul> <br /><br /> <h3>How is this assessment used?</h3> <p>Refiners, fuel importers and wholesalers attain compliance in the LCFS through credits generated by supplying low-carbon fuels. These can then be traded and banked, which will help in the coming years when targets become more stringent. For renewable fuel producers, it is critical to see the LCFS assessments and compare the credit opportunities in different markets, while obligated parties need to understand their compliance obligations.</p></div></div></div></div></div></div><div class="component component-padding navy " id="products"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="section-heading">Explore our oil products reports</h2></div></div><div class="ProductListing_products__Uxsig row"><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/ja/solutions/products/argus-americas-biofuels"><h3 class="sub-heading h2 d-none d-lg-block">Argus Americas Biofuels</h3><h3 class="sub-heading h4 d-lg-none">Argus Americas Biofuels</h3><div class="ProductListing_itemDescription__E7NK3">Comprehensive coverage of biofuels in the Americas, as well as renewable feedstock and credit markets.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/ja/solutions/products/argus-biofuels"><h3 class="sub-heading h2 d-none d-lg-block">Argus Biofuels</h3><h3 class="sub-heading h4 d-lg-none">Argus Biofuels</h3><div class="ProductListing_itemDescription__E7NK3">業界ベンチマーク価格、最新主要ニュース、市場分析を含む、バイオ燃料市場を完全網羅した情報レポート</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/ja/solutions/products/argus-biofuels-outlook"><h3 class="sub-heading h4">Argus Biofuels Outlook</h3><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/ja/solutions/products/argus-biofuels-analytics"><h3 class="sub-heading h4">Argus Biofuels Analytics</h3><div class="ProductListing_itemDescription__E7NK3">Fuelling your business with critical insights and long-term analysis on the global biofuels market to make profitable data-driven decisions.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/ja/solutions/products/argus-americas-biofuels-forward-curves"><h3 class="sub-heading h4">Argus Americas Biofuels Forward Curves</h3><div class="ProductListing_itemDescription__E7NK3">Independent market valuation tool to support investment and trading decisions for biofuels across the Americas.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="ProductListing_ctaContainer__U0Z9q"><a href="https://www.argusmedia.com/en/solutions/products?sortField=title&amp;asc=1&amp;page=1&amp;filters=%7B%22commodity%22%3A%2281C108A23D514D87A24DAE6BFFC59358%22%7D" class="cta large" target="">View all our oil products reports</a></div></div></div></div></div><div class="component component-padding grey" id="prices"><div class="component-content"><div class="container"><div class="row"><div class="ContentCarousel_intro__GOQMj col-12 col-lg-8 mx-auto"><h2 class="qa-contentcarousel-header">Key price assessments</h2><p class="qa-contentcarousel-description">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.</p></div></div></div><div class="ContentCarousel_carousel__skHV_"><div class="container"><div class="row"><div class="col-lg-10 offset-lg-1 d-none d-lg-block"><div class="Carousel_carousel__cxmDM "><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-so2"><div><h3 class="h4 qa-contentcarousel-item-title">Argus SO2</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-seasonal-nox-allowance"><div><h3 class="h4 qa-contentcarousel-item-title">Argus seasonal NOx allowance</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-palm-kernel-shells-pks"><div><h3 class="h4 qa-contentcarousel-item-title">Argus palm kernel shells (PKS)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-lcfs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus LCFS</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-international-renewable-energy-certificate-i-recs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus International Renewable Energy Certificate (I-RECs)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-guarantee-of-origin-goo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Guarantee of Origin (GOO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-fob-vietnam-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Argus fob Vietnam wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-european-renewable-gas-guarantee-of-origin-rggo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Renewable Gas Guarantee of Origin (RGGO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-cfr-ne-asia"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha cfr NE Asia</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northeast Asia.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/northwest-europe-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Northwest Europe wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items current"><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-so2"><div><h3 class="h4 qa-contentcarousel-item-title">Argus SO2</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-seasonal-nox-allowance"><div><h3 class="h4 qa-contentcarousel-item-title">Argus seasonal NOx allowance</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-palm-kernel-shells-pks"><div><h3 class="h4 qa-contentcarousel-item-title">Argus palm kernel shells (PKS)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-lcfs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus LCFS</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-international-renewable-energy-certificate-i-recs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus International Renewable Energy Certificate (I-RECs)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-guarantee-of-origin-goo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Guarantee of Origin (GOO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-fob-vietnam-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Argus fob Vietnam wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-european-renewable-gas-guarantee-of-origin-rggo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Renewable Gas Guarantee of Origin (RGGO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-cfr-ne-asia"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha cfr NE Asia</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northeast Asia.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/northwest-europe-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Northwest Europe wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-so2"><div><h3 class="h4 qa-contentcarousel-item-title">Argus SO2</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-seasonal-nox-allowance"><div><h3 class="h4 qa-contentcarousel-item-title">Argus seasonal NOx allowance</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-palm-kernel-shells-pks"><div><h3 class="h4 qa-contentcarousel-item-title">Argus palm kernel shells (PKS)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-lcfs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus LCFS</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-international-renewable-energy-certificate-i-recs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus International Renewable Energy Certificate (I-RECs)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-guarantee-of-origin-goo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Guarantee of Origin (GOO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-fob-vietnam-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Argus fob Vietnam wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-european-renewable-gas-guarantee-of-origin-rggo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Renewable Gas Guarantee of Origin (RGGO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-cfr-ne-asia"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha cfr NE Asia</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northeast Asia.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/northwest-europe-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Northwest Europe wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div></div></div><button class="Carousel_prev__5_kOz qa-pagination-prev" aria-controls="prices" aria-label=""><svg xmlns="http://www.w3.org/2000/svg" width="28.647" height="51.637" class="Carousel_arrow__vfjw1 qa-cardcarousel-arrow"><path fill="none" stroke="#33beee" stroke-linecap="round" stroke-width="4" d="m25.819 2.828-22.99 22.99 22.99 22.99"></path></svg></button><button class="Carousel_next__WkTXW qa-pagination-next" aria-controls="prices" aria-label=""><svg xmlns="http://www.w3.org/2000/svg" width="28.647" height="51.637" class="Carousel_arrow__vfjw1 qa-cardcarousel-arrow"><path fill="none" stroke="#33beee" stroke-linecap="round" stroke-width="4" d="m25.819 2.828-22.99 22.99 22.99 22.99"></path></svg></button></div></div><div class="col-12 d-lg-none"><div class="Carousel_carousel__cxmDM pagination qa-slide-pagination"><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-so2"><div><h3 class="h4 qa-contentcarousel-item-title">Argus SO2</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-seasonal-nox-allowance"><div><h3 class="h4 qa-contentcarousel-item-title">Argus seasonal NOx allowance</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-palm-kernel-shells-pks"><div><h3 class="h4 qa-contentcarousel-item-title">Argus palm kernel shells (PKS)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-lcfs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus LCFS</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-international-renewable-energy-certificate-i-recs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus International Renewable Energy Certificate (I-RECs)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-guarantee-of-origin-goo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Guarantee of Origin (GOO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-fob-vietnam-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Argus fob Vietnam wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-european-renewable-gas-guarantee-of-origin-rggo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Renewable Gas Guarantee of Origin (RGGO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-cfr-ne-asia"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha cfr NE Asia</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northeast Asia.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/northwest-europe-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Northwest Europe wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items current"><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-so2"><div><h3 class="h4 qa-contentcarousel-item-title">Argus SO2</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-seasonal-nox-allowance"><div><h3 class="h4 qa-contentcarousel-item-title">Argus seasonal NOx allowance</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-palm-kernel-shells-pks"><div><h3 class="h4 qa-contentcarousel-item-title">Argus palm kernel shells (PKS)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-lcfs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus LCFS</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-international-renewable-energy-certificate-i-recs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus International Renewable Energy Certificate (I-RECs)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-guarantee-of-origin-goo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Guarantee of Origin (GOO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-fob-vietnam-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Argus fob Vietnam wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-european-renewable-gas-guarantee-of-origin-rggo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Renewable Gas Guarantee of Origin (RGGO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-cfr-ne-asia"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha cfr NE Asia</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northeast Asia.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/northwest-europe-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Northwest Europe wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-so2"><div><h3 class="h4 qa-contentcarousel-item-title">Argus SO2</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus publishes current-vintage daily SO2 assessments and weekly and monthly indexes that are the industry-accepted benchmarks in the North American emissions markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-seasonal-nox-allowance"><div><h3 class="h4 qa-contentcarousel-item-title">Argus seasonal NOx allowance</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-palm-kernel-shells-pks"><div><h3 class="h4 qa-contentcarousel-item-title">Argus palm kernel shells (PKS)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-lcfs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus LCFS</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-international-renewable-energy-certificate-i-recs"><div><h3 class="h4 qa-contentcarousel-item-title">Argus International Renewable Energy Certificate (I-RECs)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">International Renewable Energy Certificates (I-RECs) are used to label the source of electricity. Argus produces independent price assessments for I-RECs markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-guarantee-of-origin-goo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Guarantee of Origin (GOO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-fob-vietnam-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Argus fob Vietnam wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-european-renewable-gas-guarantee-of-origin-rggo"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Renewable Gas Guarantee of Origin (RGGO)</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">RGGOs label the source of network-injected biomethane. Argus produces independent prices for RGGO wholesale trade.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/argus-bionaphtha-cfr-ne-asia"><div><h3 class="h4 qa-contentcarousel-item-title">Argus bionaphtha cfr NE Asia</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key price reference for naphtha produced from renewable feedstocks for northeast Asia.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/ja/methodology/key-commodity-prices/northwest-europe-wood-pellet"><div><h3 class="h4 qa-contentcarousel-item-title">Northwest Europe wood pellet</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">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.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div></div></div><nav class="Carousel_pagination___SjwB" aria-controls="prices"><button type="button" class="Carousel_pageButton__5PWho current qa-slide-button"><span class="visually-hidden">0</span></button><button type="button" class="Carousel_pageButton__5PWho qa-slide-button"><span class="visually-hidden">1</span></button><button type="button" class="Carousel_pageButton__5PWho qa-slide-button"><span class="visually-hidden">2</span></button><button type="button" class="Carousel_pageButton__5PWho qa-slide-button"><span class="visually-hidden">3</span></button><button type="button" class="Carousel_pageButton__5PWho qa-slide-button"><span class="visually-hidden">4</span></button><button type="button" class="Carousel_pageButton__5PWho qa-slide-button"><span class="visually-hidden">5</span></button></nav></div></div></div></div></div><div class="ContentCarousel_viewAllContainer__QrNE_ container"><a title="" target="" class="qa-contentcarousel-cta cta large" href="/ja/methodology/key-commodity-prices">View all key price assessments</a></div></div></div><div class="component ContactForm_contactForm__RusC_ navy"><div class="component-content"><img alt="people smiling at a board room" loading="lazy" width="1600" height="555" decoding="async" data-nimg="1" class="ContactForm_image__E3Vzy d-none d-lg-block" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fpeople%2Fcontact-us-forms%2Fcontact-us-form-people-01.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D-1%26hash%3D15ADB845C50D6050F16F434C347C419B&amp;w=1920&amp;q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fpeople%2Fcontact-us-forms%2Fcontact-us-form-people-01.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D-1%26hash%3D15ADB845C50D6050F16F434C347C419B&amp;w=3840&amp;q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fpeople%2Fcontact-us-forms%2Fcontact-us-form-people-01.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D-1%26hash%3D15ADB845C50D6050F16F434C347C419B&amp;w=3840&amp;q=75"/><div class="ContactForm_content__SjXae container"><div class="row"><div class="col-12 col-lg-7 qa-form-specialist"><h2 class="h1 qa-form-header">エキスパートへのお問い合わせ</h2><div class="ContactForm_description__1ctco qa-form-description">Register below and we will customize a solution that meets your exact needs. 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