Cellulosic Waiver Credits Purchased Annually
The table below displays the Cellulosic Waiver Credit (CWC) prices and total number of CWCs purchased by obligated parties annually. CWC prices are updated near the end of each compliance year.
| RIN Year | Credit Price | Number of CWCs Purchased |
|---|---|---|
| 2010 | $1.56 | 12,186 |
| 2011 | $1.13 | N/A1 |
| 2012 | $0.78 | N/A2 |
| 2013 | $0.42 | 856,325 |
| 2014 | $0.49 | 12,447,036 |
| 2015 | $0.64 | 11,724,083 |
| 2016 | $1.33 |
Notes: (1) Cellulosic biofuel standards for 2011 and 2012 were set and subsequently removed due to legal challenges of those respective standards, resulting in no cellulosic biofuel standard for 2011 and 2012. (2) CWC requirements were waived in 2012.
Additional information: