Biofuel Sector Touts California LCFS Amid RFS Uncertainty, Oil Price Drop

SACRAMENTO, CA -- As California regulators prepare to re-adopt the state's low-carbon fuel standard (LCFS), biofuel industry representatives are touting the program, seeing it as a model amid the uncertain fate of the federal renewable fuel standard (RFS) and low oil prices that eliminate some biofuels' price competitiveness. Many leading biofuel and alternative fuel industry representatives converged here Feb. 3 for the “Clean, Low-Carbon Fuels Summit,” focusing discussion on the California Air Resources Board's (CARB) “re-adoption” of the state's LCFS...