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25.05.2019 01:47:00

Can California's Low-Carbon Fuel Standard Boost This Renewable Energy Stock?

If California was a country, it would have the world's fifth-largest economy -- just ahead of the United Kingdom. That gives it tremendous market power for everything ranging from plastic bag bans to automobile fuel efficiency standards. At a time of increasingly volatile federal policies for renewable fuels, the state is also proving invaluable for companies such as Renewable Energy Group (NASDAQ: REGI).Investors are prepared for the nation's largest biodiesel producer to face headwinds in feedstock pricing, weather, and federal subsidy prices in 2019. But California's Low-Carbon Fuel Standard (LCFS) provides reason for much-needed optimism. Is Renewable Energy Group doing everything it can to take advantage of the aggressive policy in the near and long terms?Image source: Getty Images.Continue reading
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