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UC Davis report finds LCFS compliance costs may rise rapidly; recommends offsetting measures

Green Car Congress

Any forecast of future economic outcomes under the LCFS requires knowledge of the availability of alternative fuels at different market prices, the cost of producing each fuel, long-run trends in alternative fueling infrastructure, consumer preferences for alternative fuel and alternative fuel vehicles, as well as many other unknowns.

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New UC Davis market-based sustainability forecasting approach concludes supplanting gasoline and diesel with renewable fuels could take 131 years

Green Car Congress

At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

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