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Toward a global low carbon fuel standard

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  • Sperling, Daniel
  • Yeh, Sonia

Abstract

A new policy instrument, known as a low carbon fuel standard (LCFS), is a promising approach to decarbonize transportation fuels. An LCFS has several important features: it applies a lifecycle carbon intensity standard, incorporates market mechanisms by allowing credit trading and targets all transport fuels. A harmonized international framework is needed that builds on newly enacted LCFS policies adopted in California and the European Union.

Suggested Citation

  • Sperling, Daniel & Yeh, Sonia, 2010. "Toward a global low carbon fuel standard," Transport Policy, Elsevier, vol. 17(1), pages 47-49, January.
  • Handle: RePEc:eee:trapol:v:17:y:2010:i:1:p:47-49
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    References listed on IDEAS

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    1. Unruh, Gregory C., 2002. "Escaping carbon lock-in," Energy Policy, Elsevier, vol. 30(4), pages 317-325, March.
    2. Robert N. Stavins, 2008. "Addressing climate change with a comprehensive US cap-and-trade system," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 24(2), pages 298-321, Summer.
    3. Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel, 2009. "Greenhouse Gas Reductions under Low Carbon Fuel Standards?," American Economic Journal: Economic Policy, American Economic Association, vol. 1(1), pages 106-146, February.
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    Cited by:

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    2. Plevin, Richard J. & Delucchi, Mark A. & O’Hare, Michael, 2017. "Fuel carbon intensity standards may not mitigate climate change," Energy Policy, Elsevier, vol. 105(C), pages 93-97.
    3. Barbe, Andre, 2016. "The Effects of Restricting Coal Consumption," Conference papers 332698, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Yang, Christopher, 2013. "A framework for allocating greenhouse gas emissions from electricity generation to plug-in electric vehicle charging," Energy Policy, Elsevier, vol. 60(C), pages 722-732.
    5. Liepold, Constanze & Fabianek, Paul & Madlener, Reinhard, 2024. "A critical evaluation of the 2022 greenhouse gas mitigation quota in Germany from an environmental economics and policy perspective," Energy Policy, Elsevier, vol. 191(C).
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    7. Škare, Marinko & Gavurova, Beata & Porada-Rochon, Malgorzata, 2024. "Digitalization and carbon footprint: Building a path to a sustainable economic growth," Technological Forecasting and Social Change, Elsevier, vol. 199(C).
    8. Yeh, Sonia & Sperling, Daniel, 2010. "Low carbon fuel standards: Implementation scenarios and challenges," Energy Policy, Elsevier, vol. 38(11), pages 6955-6965, November.
    9. Yang, Christopher, 2013. "Fuel electricity and plug-in electric vehicles in a low carbon fuel standard," Energy Policy, Elsevier, vol. 56(C), pages 51-62.

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