Oregon’s low carbon fuel standard: Messy policy, bad economics

The extension of Oregon’s low carbon fuel standard (LCFS) was crammed through in the early days of the 2015 legislative session.

Supporters of the low carbon fuel standard hope that Oregon can free ride off infrastructure already in place in California and British Columbia to reduce the impact at the pump.

Reality is less hopeful: Every aspect of Oregon life will be affected by higher fuel prices that will do nothing to slow, stop, or reverse global warming or climate change.

Even worse, even experts who have spent years studying the low carbon fuel standard have no idea how suppliers and consumers will respond to the LCFS, leading to years of uncertainty.

This is presentation to the Oregon Fuels Association annual meeting in Sunriver, Oregon on July 20, 2015.

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