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Purvin & Gertz, Inc. announces the release of its report: Low Carbon Fuel Standards (LCFS) Impacts on Oil Sands . LCFS programs are being implemented in California, Oregon and British Columbia. They are under consideration in many other states and provinces and are becoming regional in nature. LCFS programs differ by jurisdiction, but have in common mandated reductions in the carbon intensity of transportation fuels. By targeting petroleum-derived gasoline and diesel and promoting low carbon alternative energy forms such as electricity, hydrogen, natural gas and next generation biofuels, LCFS programs are intended to reduce overall Greenhouse Gas (GHG) emissions on a ‘well-to-wheels’ basis. Tom Wise, who directed the study, notes: “In effect, LCFS programs contribute to an ‘offoil’ strategy.”
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Tags: Alternative Energy, carbon intensity, low carbon fuel