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Low-Carbon Fuel Standards: Driving in the Wrong Direction

Author

Listed:
  • 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.

Suggested Citation

  • Benjamin Dachis, 2009. "Low-Carbon Fuel Standards: Driving in the Wrong Direction," e-briefs 80, C.D. Howe Institute.
  • Handle: RePEc:cdh:ebrief:80
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    File URL: https://www.cdhowe.org/public-policy-research/low-carbon-fuel-standards-driving-wrong-direction
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    References listed on IDEAS

    as
    1. 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.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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