Low-Carbon Fuel Standard Not Worth the Cost
A low-carbon fuel standard could raise the cost of gas by up to 57 cents per gallon and diesel by up to 63 cents per gallon, driving up the cost of virtually all consumer goods
OLYMPIA — Gary Chandler, vice president of government affairs for the Association of Washington Business, released the following statement regarding the proposed low-carbon fuel standard debated Wednesday by the state House of Representatives:
“We’re disappointed that House lawmakers are moving forward with legislation requiring a low-carbon fuel standard here in Washington. We know from a recent study by the Puget Sound Clean Air Agency that a low-carbon fuel standard could raise the cost of gas by up to 57 cents per gallon and diesel fuel by as much as 63 cents per gallon, while delivering very little environmental benefit. This kind of fuel price increase will ripple through the economy, driving up the cost of virtually everything we buy, ultimately hurting families, employers and the state’s economy.
“In California, where a low-carbon fuel standard has been in place for approximately a decade, officials have concluded the LCFS is the most inefficient method of reducing carbon emissions and are recommending the state either amend it or eliminate it.
“Washington should learn from California’s experience and look for better, more efficient ways of reducing greenhouse gas emissions. AWB and its members are committed to reducing greenhouse gas emissions through innovation and private investment. We can do better than House Bill 1110.”