Will LCFS raise gas prices? California, Oregon, and WA budget agency say "yes."
BLOG Imposing a low-carbon fuel standard (LCFS), as proposed by a bill in Olympia, will increase gas prices about 10 cents a gallon. Who says so? The state of Oregon does, where they have an LCFS. The state of California does, where they imposed an LCFS a decade ago. And, Stu Clark, the policy advisor at the Department of Ecology who represented Governor Inslee at last week’s hearing on the LCFS. Of course, he did not say that in the hearing. To the contrary, he claimed an LCFS would not increase gas prices, which sharply contradicts data from every other jurisdiction and the data presented...