California’s Low Carbon Fuel Standard will be adopted globally, according to Lux Research. The California Air Resources Board (CARB) is expected to adopt the new standards in its final rule by June 30, 2018.
California’s Low Carbon Fuel Standard will be adopted globally, according to Lux Research. Coming shortly after the Government of Canada pledged to develop similar standards to reduce the country’s carbon footprint, Lux Research highlighted the popularity of the model as it will allow countries to use their resources and expertise to encourage low-carbon fuels without the limitations of a biofuels-centric model supporting adoption of vehicles operating on natural gas as well as electric vehicles.