CEA-backed study contests impact of regional low-carbon fuel standard

Establishing a regional low-carbon fuel standard (LCFS) for 11 Northeast and Mid-Atlantic US states would not establish its proponent's goals and would significantly increase gasoline prices and cause economic hardship, a study commissioned by the Consumer Energy Alliance concluded. CEA asked Science Applications International Corp. (SAIC) to examine the matter after the Northeast States for Coordinated Air Use Management (NESCAUM) issued findings on Aug. 18 that establishing an LCFS in the states would save money over 10 years when oil prices were high and be near parity at low oil price levels. Gasoline and diesel fuel would still be the dominant motor fuels in the region, but their use...

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