Development of Alternative Fuels Surpassing Expectations
A new report shows alternative fuels are developing more quickly than expected, due in part to California's low carbon fuel standard. The program is designed to reduce greenhouse gas emissions in the transportation sector.
The report, produced by a coalition of utilities and alternative fuel makers, looked at different ways companies can comply with the regulation and the market for alternative fuels.
Philip Sheehy is with ICF International, which conducted the study. He said there is a significant progress developing fuels that substitute for diesel.
"We're also seeing biodiesel from more waste products or byproducts that really have a lower carbon intensity. If you look at the original regulations, nobody even talked about biodiesel from corn oil and now it's one of the best quote unquote "scores", carbon-intensity scores in the market right now," Sheehy said.
California's low carbon fuel standard requires a ten percent reduction in the carbon intensity of transportation fuels by 2020.