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Low Carbon Fuels

All articles tagged with #low carbon fuels

California's New Climate Rules May Hike Gas Prices
environment1 year ago

California's New Climate Rules May Hike Gas Prices

California's Air Resources Board has approved changes to its Low Carbon Fuel Standard, aiming to encourage cleaner transportation fuels and reduce greenhouse gas emissions. The decision, which could potentially increase gas prices, has sparked debate over its economic impact on consumers, particularly working-class Californians. While the program is designed to phase out gasoline and diesel, critics argue it may benefit polluting industries and have limited environmental benefits. The board plans to review the rule's impact on gas prices annually.

EPA's Biofuel Mandates: Changes and Disappointments.
energy2 years ago

EPA's Biofuel Mandates: Changes and Disappointments.

The US Environmental Protection Agency (EPA) has issued a final rule under the Renewable Fuel Standard (RFS) program that establishes the biofuel volume requirements for 2023 to 2025. The final rule strengthens US energy security by reducing reliance on foreign sources of oil by roughly 130,000 to 140,000 barrels of oil per day over the time frame of the final rule, 2023–2025. The final rule also discusses EPA’s intent to monitor the ongoing implementation of the RFS program and its impacts on domestic refineries, which have a critical role to play in our energy security.