Nathalie Graham in the Seattle Publication “The Stranger” asks “Is Washington Going to Get with the Program and Pass a Clean Fuels Bill”?
Will any Low Carbon Fuel Standard in Washington State allow for bio-intermediates which can carbon balance existing refinery infrastructure, a pathway not yet approved by the Environmental Protection Agency (EPA) Renewable Identification Credit (RIN) program?
Some highlights of Graham’s article include:
It’s going to be hugely embarrassing for Gov. Jay Inslee and Washington state as a whole if the Democrat-controlled Legislature doesn’t get its act together and pass a low carbon fuel standard (LCFS), otherwise known as a clean fuels bill, for the fourth year in a row.
“The policy differs from a carbon tax or a cap-and-trade program because, while those policies make carbon and fuel more expensive, they don’t make alternatives cheaper. An LCFS incentivizes producers to emit less carbon while also incentivizing the use and production of alternative fuels.
The money from the system goes right back toward clean fuel production. The LCFS marketplaces help fund the entire vertically integrated “well to wheel” process of refining, transporting, and selling alternative fuels.”