Utilities Can Help California’s Electric Fleets Earn Revenue with the LCFS
Utilities Can Help California’s Electric Fleets Earn Revenue with the LCFS
September 22, 2020 — ActNews.com
Fleets looking to reduce the cost of transitioning to medium- and heavy-duty electric vehicles (EVs) can look no further than California’s Low Carbon Fuel Standard (LCFS). The LCFS is a market-based, fuel-neutral program designed to reduce the carbon content of traditional gasoline and diesel transportation fuels, with the goal of decreasing the “carbon intensity” of all transportation fuels by 20% by 2030. The LCFS, administered by the California Air Resources Board (CARB), is one of the state’s many strategies to reduce its greenhouse gas (GHG) footprint and help meet its climate goals.
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