Suppliers Fear CARB LCFS Changes Will Phase Out Conventional Fuel Credits

October 15, 2020
Fuel producers are raising early concerns that the California air board’s next changes to its low-carbon fuel standard (LCFS) may phase out credits for cleaner conventional petroleum, liquid and gaseous fuels as a response to gubernatorial executive order goals to ban the sale of new gasoline vehicles starting in 2035 and achieve “carbon neutrality” by 2045. “The idea that current production practices and innovative crude items should somehow go away . . . I think is a really bad signal,”...

Not a subscriber? Sign up for 30 days free access to exclusive environmental policy reporting.