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California continues to lead the nation in an effort to reduce carbon emissions, but at what cost?
According to a report compiled by free market proponent Calwatchdog.org, the potential cost per household ranges from $570 to $6,500 annually, and the price of gasoline would increase 61 cents per gallon by January.
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SAN FRANCISCO—Voters have turned back an effort to suspend California’s efforts to tackle climate change, a wide-reaching program ranging from a cap-and-trade market for greenhouse gas emissions to energy efficiency standards for televisions.
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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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California’s 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.
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New rules aimed at lowering the carbon emissions of transportation fuels place so many demands on crude producers – especially those in Canada’s oil sands – that they may prove impossible to meet, a new analysis warns.
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This week, the California Air Resources Board (CARB) convened a group of experts to discuss issues related to the Low Carbon Fuel Standard (LCFS) that was approved last year. Known as the Expert Working Group, it has been working to examine the gaps in the original research produced by CARB staff which was used as the basis for fuel regulation, including the controversial indirect land use change (ILUC) theory which threatens the future of biofuels in California and across the country.
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A low-carbon electricity standard (LCES) would serve us better than a cap-and-trade program or renewable energy standard (RES), according to Khosla.
I recently wrote an op-ed in the Washington Post about the deficiencies of an isolated cap-and-trade or carbon-pricing bill, and the vital importance of promoting technology-neutral “carbon-reduction capacity building” through a low-carbon electricity standard, low-carbon fuel standard and aggressive efficiency standards.
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EARLY IN 2009, Pennsylvania Gov. Ed Rendell announced that – although he might be among the most vocal supporters of green jobs programs in the United States – he was “not quite ready to let go of jobs (in) the traditional … oil industry,” and an article in the Wall Street Journal highlighted his efforts to keep refining jobs in the region.
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With Michigan’s cold winters and energy-intensive industrial sector, Michigan residents clearly do not need energy policies that will increase energy costs and further hurt our manufacturing and industrial sectors.
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Proud of its historical status as the first of the original 13 colonies to ratify the Constitution, Delaware has certainly earned the right to proudly display our First State motto anywhere and everywhere we can fit it. Recently, Delaware signed another historic pact with many of those same states — this one aimed at implementing a low-carbon fuel standard (LCFS) on energy markets statewide.
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In my blog last week on the attack campaigns against the Low Carbon Fuel Standard (LCFS), an innovative policy tool for reducing the global warming pollution in our fuels, I wrote about the Consumer Energy Alliance (CEA) and its affiliated “organizations.” While it portrays itself as a consumer organization, it is in reality a front group run by a lobby group and backed by the American Petroleum Institute, the U.S. Chamber of Commerce, and other titans of the status quo, bent on keeping America addicted to oil. And not just any oil but the dirtiest oil on the planet.
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David Crane’s article about the low carbon fuel standard, fuel prices and market forces truly represents “misplaced priorities” on behalf of the author. Somehow he connects the dots between high oil prices and the need for a low carbon fuel standard. If the oil market was being truly driven by market forces, their may be an inkling of a connection here. However oil markets are now driven by Wall Street investment decisions and the switching of investment bundles into different classes of products, including oil commodities. Oil prices have very little to do with market forces and very much to do with currently-legalized gambling.
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LOS ANGELES, Dec. 30 (Xinhua) — Eleven U.S. states have decided to follow California’s low carbon fuel standard, California Governor Arnold Schwarzenegger said on Wednesday.
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HARRISBURG, Pa., Dec. 30 /PRNewswire-USNewswire/ — Governor Edward G. Rendell has signed a memorandum of understanding with 10 Northeast and Mid-Atlantic states committing to a regional effort to develop a comprehensive, regional low carbon fuel standard to reduce greenhouse gas emissions from transportation fuels.
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SACRAMENTO, CA — Energy and fuel officials are gathered in Sacramento to discuss new low carbon fuel standards. They say the regulations may be difficult and costly to achieve.
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