United States: California Low Carbon Fuel Standard (LCFS)
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Description
The main objective of this legislation is to decarbonize the transportation sector through the use of low-carbon alternative fuels such as ethanol, biojet and biodiesel, as well as cleaner-burning fossil fuels such as CNG and LNG. The LCFS program is fuel independent, with credits or deficits generated based on the carbon intensity (CI) of a fuel. All fuels and energy systems compete with one another, including natural gas, electricity, biofuels, etc.
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