According to Inside Cal/EPA (subscription required), “Some oil company representatives are likely to strongly oppose a new air board plan to consider accelerating the inclusion of transportation fuels in its proposed cap-and-trade program — from 2015 to 2012 — based on arguments that the industry will be subject to multiple overlapping greenhouse gas (GHG) rules that could dramatically increase costs on consumers, threaten supply shortages and yield little if any emission reductions.”
According to the report, including GHG emissions from liquid transportation fuels is considered a “major undertaking that likely will involve the thorny issue of estimating lifecycle GHG emissions from different fuels” but state “officials point out that the sector is crucial in terms of reducing GHG emissions to target levels in 2020 and 2050, considering that transportation makes up about 38% of total California GHG emissions.” Apparently complicating matters is that “utilities and other power generation officials have also complained steadily to state regulators that it is patently unfair to give transportation fuels a three-year exemption from cap-and-trade, while their facilities must begin complying in 2012.”
Filed under: Biofuels, Climate Change, Enviroment, Ethanol, GHG, ILUC, LCFS | Tagged: California, Cap and Trade, CARB, Emissions, EPA, Ethanol, GHG
[...] Fuel Sellers Start Cutting GHG in 2012 Posted on November 24, 2009 by sugarcaneblog As expected, California regulators proposed new rules requiring petroleum-fuel sellers and other companies to [...]