Low Carbon Fuel Standard Issue Brief
A Comprehensive Analysis of Current Research and Outlook for the Future
Fueling California, along with the Orange County Business Council, released an issue brief titled “A Comprehensive Analysis of Current Research and Outlook for the Future,” a first of its kind comprehensive issue brief on California’s Low Carbon Fuel Standard. This issue brief analyzes the most current research available from various viewpoints of the LCFS.
Compiled by Dr. Wallace Walrod, Chief Economic Advisor for the Orange County Business Council, “A Comprehensive Analysis of Current Research and Outlook for the Future,” reviews and analyzes 13 different reports commissioned by the Consumer Energy Alliance, Western States Petroleum Association, California Manufactures and Technology Association, California Trucking Association, California Energy Commission, and the California Air Resources Board, among others. The issue brief is organized into four categories:
- Supply: What impacts will the LCFS as proposed have on California fuel supply?
- Cost: What is the impact of the LCFS as proposed on fuel costs?
- Economy: Impact on the California Economy
- Two Concluding School of Thoughts: Overall, is the LCFS feasible as currently framed?
As California’s LCFS is often referenced by many as a potential model for a national LCFS, understanding the true impacts of California’s LCFS from a California fuel user perspective will be helpful in understanding the potential effect of a national standard, including lessons learned from California’s LCFS experience so far, potential ramifications to fuel supply and cost, and/or unintended consequences.
- Click here to view the LCFS Issue Brief.
Projected Outlook for Next Generation and Alternative Transportation Fuels in California 2010-2030
Fueling California and Orange County Business Council have released a report entitled, “Projected Outlook for Next Generation and Alternative Transportation Fuels in California 2010-2030,” authored by research experts at UC Irvine and Automobile Club of Southern California. The report suggests that investments and advances in alternative fuels over recent years will lead to a significant displacement of petroleum-based fuels like gasoline and diesel. However, because the rate of turnover for the on-road vehicle fleet is relatively slow (the lifetime of a vehicle is typically between 10 and 15 years), it is likely that petroleum, gasoline and diesel will continue fueling more than 75 percent of the state’s vehicles by 2030.
What Makes the California Fuel Environment Different in Terms of Policy, Cost and Vulnerability?
Fueling California commissioned the Orange County Business Council (OCBC) to analyze the policy decisions that impact fuel resources in California through examining research on policies, taxes and government requirements regarding current and alternative fuels in California. These results provide policymakers, media and community members with information about the economic impact of California’s policy regime regarding traditional and alternative fuels. This analysis determines “what makes California different” than other states on how it approaches policymaking on fuel resources for our modern economy. OCBC’s research team is headed up by Dr. Wallace Walrod and researchers from top California universities, including Dr. Randall Crane from University of California, Los Angeles; Dr. Roger Morton from Cal State Long Beach; and Dr. Marlon Boarnet from University of California, Irvine.