Associated Oregon Industries
Oregon’s largest business advocate
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The Low Carbon Fuel Standard (LCFS) is a proposed state mandate promoted as a way to reduce greenhouse gas emissions. It would require fuel providers (gasoline and diesel) to reduce the fuel’s carbon content by 10% over 10 years.
The program has several phases, moving through the increased use of Midwest corn ethanol, imported ethanol, ethanol made form cellulosic materials, and finally a Cap & Trade-like system utilizing the purchase of offsets – all built into the price of the fuel.
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