LCFS

English Noun ? en w:low-carbon fuel standard. en Luz Pena California's gas prices could have major increase with passing of new fuel standards w:ABC7 News https://abc7news.com/post/californias-air-resources-board-vote-new-fuel-standards-could-increase-gas-prices-65-cents-gallon/15528843/ 2024-11-08 In a press release, CARB expanded on their decision. "The LCFS reduces air pollution and greenhouse gas emissions by setting a declining carbon intensity target for transportation fuels used in California; producers that don't meet established benchmarks buy credits from those that do. This system has generated $4 billion in annual private sector investment toward a cleaner transportation sector." https://web.archive.org/web/20260916135337/https://abc7news.com/post/californias-air-resources-board-vote-new-fuel-standards-could-increase-gas-prices-65-cents-gallon/15528843/ 16 September 2026