UC Davis report finds LCFS compliance costs may rise rapidly; recommends offsetting measures
Green Car Congress
DECEMBER 30, 2013
Because firms are able to bank credits over time, anticipated high costs in the future may lead to higher costs in the present before any constraints bind on the industry. Obligated parties are upstream producers and importers of gasoline and diesel fuel sold in the state. Both options will be associated with high LCFS credit prices.
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