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Low-Carbon Fuel Standards: Driving in the Wrong Direction

Benjamin Dachis ()

No 80, e-briefs from C.D. Howe Institute

Abstract: In pursuit of greenhouse gas (GHG) emissions reductions, policymakers in some Canadian provinces are contemplating a low-carbon fuel standard (LCFS), a regulation that would require transportation fuel providers to distribute a mix of fuel that, on average, emitted a declining amount of GHG per unit of energy produced. This report examines the drawbacks of the LCFS concept and suggests that economy-wide measures would be a better way to reduce GHG emissions.

Keywords: economic growth and innovation; cap-and-trade; transportation fuel providers (search for similar items in EconPapers)
JEL-codes: Q4 Q55 L91 Q48 Q54 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2009-05
New Economics Papers: this item is included in nep-ene and nep-env
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Published on the C.D. Howe Institute website, May 2009

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