On March 5, 2009, CARB released its proposed LCFS regulation. The proposed regulatory action would reduce GHG emissions by reducing the carbon intensity of transportation fuels used in California by an average of 10 percent by the year 2020.
The LCFS achieves a 10 percent reduction in average carbon intensity by starting specified providers of transportation fuels at an initial level and incrementally lowering the allowable carbon intensity for transportation fuels used in California in each subsequent year. Regulated parties can meet these annual carbon intensity levels with any combination of fuels they produce or supply and with LCFS credits acquired in previous years or from other regulated parties.
CARB will hold a public hearing to consider adoption of the regulation on April 23-24, 2009 in Sacramento, CA.
The 325 pages staff report, the 50 page regulation and other related documents are available online at CARB’s LCFS website (http://www.arb.ca.gov/fuels/lcfs/lcfs.htm).
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