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Californias low carbon fuel standard (LCFS) was enacted to support the California Global Warming Solutions Act of 2006. California meets 96 percent of its transportation fuel needs with petroleum-based fuels. The state believes that the LCFS regulations will allow markets to determine the lowest cost path toward expanded use of alternative fuels while meeting expected future fuel demands. The state officially adopted its LCFS a year ago, designed to lower greenhouse gas (GHG) emissions by reducing the full fuel-cycle carbon intensity of transportation fuels used in California. Regulated parties face reporting requirements for 2010, and must begin reducing carbon intensities in 2011, beginning with a 0.25 percent reduction the first year and increasing to 10 percent in 2020.
Carbon Intensity Measures
The LCFS requires that California fuel providers (producers, importers, refiners and blenders) meet (on average) a standard for GHG emissions, based on annual average carbon intensity. Carbon intensity is defined as the amount of life-cycle GHG emissions reported as grams of CO2 equivalent per megajoule (gCO2e/MJ).
Life-cycle GHG Emissions
The regulations define
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on Oct 25th, 2010
@ 4:55 pm:
I have 64.83 acres of land in California how do I find out if my land is a good candidate for carbon credits?, how would this affect my land and benefit everyone including future generations?, please advice
on Oct 25th, 2010
@ 4:56 pm:
what does that mean be plain in language