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. In the cap-and-trade debate [in Washington] there was no real template, it was political from the beginning. We did not shy away from controversy. We are not advocates.
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