The buzz last week was the adoption of the Low Carbon Fuel Standard (LCFS) regulation by California Air Resources Board. The LCFS targets reduction of greenhouse gas (GHG) emissions from transportation fuels to 16m tonnes/year in the state by 2020. The standards are also expected to be a template for federal policy makers as they seek to implement national renewable fuel standards.
Unfortunately for current biofuel producers, the state will measure not only a fuel’s direct greenhouse gas emissions, but also life cycle and indirect land use emissions related to its production. With the standards, California aims to drive faster development and use of next generation biofuels made from cellulose, biomass, algae, waste, etc. as well as drive the availability of plug-in hybrid, battery electric and fuel-cell powered cars and promote investment in electric charging stations and hydrogen fueling stations.
Pros and cons comments for the LCFS can be read here. But before you click that, here are last week's news roundup:
More sunshine for Wal-Mart
Wal-Mart is expanding its solar power program in California with new 10 to 20 additional solar panels in several Wal-Mart facilities within the next 18 months. Wal-mart said the projects will create about 130 (temporary???) jobs, including engineering, design, and installer technician jobs. Smaller numbers of workers will be engaged during the periods leading up to and following peak construction.
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