A Cap on Vegetable Oil-Based Fuels Will Stabilize and Strengthen California’s Low Carbon Fuel Standard
Union of Concerned Scientists
JANUARY 30, 2024
Gas prices: Without a cap, the flood of bio-based diesel into California will continue, requiring a rapid increase in stringency to stabilize LCFS credit markets, sending 2030 stringency from the 30 percent proposed in the regulation to 34.5 The lower stringency results in lower costs and reduced economic impact of the regulation.
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