UC Davis researchers have released the third in a series of periodic progress reports on California’s Low Carbon Fuel Standard (LCFS). “Status Review of California’s Low Carbon Fuel Standard, January 2014 Issue” finds that in 2013 the LCFS played a stronger role in incentivizing the use of biofuels from a variety of sources, including corn oil, canola, and biodiesel and renewable diesel from waste. It also finds slight increases in the use of electricity for transportation under the program, and that fuel suppliers in the program have generated excess credits.
Adopted by the California Air Resources Board (ARB) in 2009, the LCFS requires transportation fuel providers such as oil companies and refiners to gradually reduce the carbon intensity of their fuel by at least 10 percent by 2020. The state began implementing the rule in 2011.
The status review is authored by UC Davis Institute of Transportation Studies (ITS-Davis) research engineer Sonia Yeh and assistant project scientist Julie Witcover.
“One of the values of this periodic series of reports is that we can analyze trends over time,” says Yeh.
Among the findings in this status review are the following:
Like the previous status reviews, published in Spring 2013 and November 2012, this data-rich report on LCFS compliance, fuel use, and credit markets includes a special topic. This issue’s special topic summarizes the results of an October 2013 UC Davis paper that examines ARB’s LCFS cost-containment proposals. It finds that cost-containment mechanisms, such as a cap on credit prices, may play an important role in limiting high credit prices and program costs, thereby safeguarding the LCFS credit market and the LCFS program itself.
The status report is funded through a research contract with ARB and the ITS-Davis NextSTEPS research program.
Read the full paper at: http://www.its.ucdavis.edu/research/publications/publication-detail/?pub_id=2008
Photo: ITS-Davis research engineer Sonia Yeh presents findings at the ITS-Davis Board of Advisors meeting in November 2013. Photo Credit: Sylvia Wright, UC Davis