Excessive Economic and National Security Costs to Result From Low Carbon Fuel Standards
George C. Marshall Institute
New Studies Highlight Consequences of Proposed Federal and State Actions
The George C. Marshall Institute has released two studies documenting the adverse economic, environmental and national security implications of proposed low carbon fuel standards (LCFS). Low carbon fuel standards have been proposed at both the federal and state level, and serve as an element of the Obama Administration’s broad energy and environmental agenda. The studies, issued in early April, come on the heels of climate and energy legislation introduced in the U.S. House of Representative’s Energy & Commerce Committee, which includes a LCFS similar to one under consideration by several states, notably California.
A low carbon fuel standard sets limits on the greenhouse gas (GHG) emissions allowed from the production and consumption of a transportation fuel and then reduces those limits over time.
Read the full story
No comments:
Post a Comment