Abstract
A new policy instrument, known as a low carbon fuel standard (LCFS), is a promising approach to decarbonize transportation fuels. An LCFS has several important features: it applies a life cycle carbon intensity standard, incorporates market mechanisms by allowing credit trading, and targets all transport fuels. A harmonized international framework is needed that builds on newly enacted LCFS policies adopted in California and the European Union.
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Acknowledgments
Sperling is a board member of the California Air Resources Board (CARB), the government agency that enacted California’s LCFS on April 23, 2009. Yeh received financial support from CARB to lead research effort to support implementation of California’s LCFS. The view and opinions herein are those of the authors alone and do not necessarily represent the views of the sponsors or any other organization.
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Sperling, D., Yeh, S. (2012). Toward a Global Low Carbon Fuel Standard for Road Transport. In: Inderwildi, O., King, S. (eds) Energy, Transport, & the Environment. Springer, London. https://doi.org/10.1007/978-1-4471-2717-8_16
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DOI: https://doi.org/10.1007/978-1-4471-2717-8_16
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