Establishes a clean fuel standard to reduce transportation fuel carbon intensity by 80% by 2050.
The bill mandates the Department of Energy Resources to create a clean fuel standard that lowers transportation fuel carbon intensity by 80% from 1990 levels by 2050. It sets up a credit system for fuel providers with lower carbon intensity and allows trading of these credits. The standard applies to most transportation fuel providers, excluding certain aviation, railroad, military, and waterborne fuels. The department must also ensure credits support clean energy and transportation projects in disadvantaged communities.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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