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Low-Carbon Fuel Standards: Driving in the Wrong Direction

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Author Info

  • Benjamin Dachis

    (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.

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File URL: http://www.cdhowe.org/pdf/ebrief_80.pdf
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Bibliographic Info

Paper provided by C.D. Howe Institute in its series e-briefs with number 80.

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Length: 5 pages
Date of creation: May 2009
Date of revision:
Publication status: Published on the C.D. Howe Institute website, May 2009
Handle: RePEc:cdh:ebrief:80

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Related research

Keywords: economic growth and innovation; cap-and-trade; transportation fuel providers;

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  1. Stephen P. Holland & Christopher R. Knittel & Jonathan E. Hughes, 2007. "Greenhouse Gas Reductions under Low Carbon Fuel Standards?," NBER Working Papers 13266, National Bureau of Economic Research, Inc.
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