The Alliance for Low Carbon Fuels today launched a statewide media campaign promoting the environmental and economic benefits of California's Low Carbon Fuels Standard (LCFS).
The campaign aims to raise awareness about the importance of low-carbon fuels and the LCFS’s role in helping California meet its ambitious climate goals and cleaning its air.
The Low Carbon Fuels Standard is designed to reduce the carbon intensity of transportation fuels, helping California lead the nation in the fight against climate change. By promoting cleaner, renewable energy sources and reducing greenhouse gas emissions, the LCFS contributes to a healthier environment for all Californians.
To view the campaign video, click here.
“We support a strong Low Carbon Fuels Standard and participated in this campaign because we know this program will help the state reach its electric vehicle and infrastructure goals,” said Alan Hoffman, Chief Policy Officer, Rivian. “In its first decade-plus, the LCFS has been a success, incentivizing companies like Rivian to invest billions in new technologies such as EVs. Strengthening and improving the LCFS this year will ensure that it builds on this success in its next decade, setting yet another example of California’s leadership for the world.”
“It’s clear that the Low Carbon Fuels Standard is working. That is why more than 70 groups, including organized labor, public health organizations, business groups, and community-based organizations support a strong, technology-neutral LCFS,” added Sam Wade, Director of Policy, Coalition for Renewable Natural Gas.
Background Information on the LCFS
There is no link between the LCFS and retail gas prices
Analyses by CARB and others find that retail gas prices are not driven by the LCFS.
According to CARB’s own document, LCFS Fuels and Credit Market Modeling:
“The reality is that the actual cost pass-through from LCFS to retail gasoline or diesel prices is uncertain, that there is no correlation between historical LCFS credit prices and gasoline prices, and that the LCFS is not a major driver of overall retail fuel prices in California.
“Recent analyses show that retail fossil fuel prices are strongly influenced by many factors (e.g., global events, holiday weekends, seasonal fluctuations, refinery disruptions and decisions about production that affect supply, refinery pricing decisions, seasonal fuel blends, and taxes) and fossil fuel producer pricing strategies are complex, reflecting local and regional market conditions.”
The LCFS is working.
In 2022 alone, the LCFS reduced greenhouse gas emissions by 26 million metric tons – the equivalent of taking 5.8 million gas-powered cars off the road.
In 2022 vehicles powered by low-carbon fuels
Reduced GHG emissions equivalent to 13,962,408,76 miles driven by the average passenger car
Reduced CO2 emissions equal to 632,947,114 gallons of gasoline consumed
Sequestered carbon equal to growing 93,009,875 tree seedlings for ten years
To learn more please visit: LowCarbonFuelsWork.com.
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