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Effective today, The ROBERT | CHARLES Group is discontinuing our postings and links to content and news for investing in worldwide cap and trade and sustainable energy markets. This blog will be phased out in the coming days and weeks.

Friday, July 20, 2012

Low Carbon Fuel Standard Ready for Prime Time

Low Carbon Fuel Standard Ready for Prime Time
In Congress, California Democrat Henry Waxman tried to include an LCFS in the American Clean Energy & Security Act of 2009, which was notable for the "cap and trade" mechanism among its climate change provisions. But the Energy and Commerce Committee reported the bill to the full House without the Waxman language, Sara Chieffo, legislative director at the League of Conservation Voters, told AOL Energy.  The bill eventually died in the Senate. And, though it's unclear if the EPA actually needs enabling legislation to regulate carbon emissions from transportation fuels, it's entirely possible that a legislative LCFS proposal will re-emerge, anyway.  Chieffo declined to handicap the prospects for LCFS legislation in the next Congress...

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