National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions
Green Car Congress
JULY 19, 2012
Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. The most conspicuous example of an overlapping policy, according to the report, is the national Renewable Fuel Standard, most recently updated in 2007 (RFS2).
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