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Energy security implications of a national low carbon fuel standard

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  • Leiby, Paul N.
  • Rubin, Jonathan

Abstract

This paper discusses the potential energy security implications of a national low carbon fuel standard (NLCFS). A low carbon fuel standard is designed to reduce greenhouse gas (GHG) emissions by targeting the fuel portion of the fuel-vehicle system. Specifically, a NLCFS would set national targets for the average carbon intensity (CI) of motor fuels, and establish a market for credits that allows fuel producers and importers to respond in a variety of ways to the signal provided by the credit price. An important method for lowering the CI of transportation is to substitute lower-carbon alternative fuels such as advanced biofuels, electricity, CNG, and H2. Despite the focus on GHGs, so long as transportation fuels remain dominated by petroleum, transportation fuel policies like a NLCFS also will be evaluated in terms of their energy security impacts. We examine the fuel substitutions that are projected to be induced by a NLCFS and consider the energy security implications of displacing higher carbon fuels, such as imported Canadian Oil Sands oil or certain imported crude oils, with lower-carbon domestic oil, biofuels, or lower carbon oil imported from other sources.

Suggested Citation

  • Leiby, Paul N. & Rubin, Jonathan, 2013. "Energy security implications of a national low carbon fuel standard," Energy Policy, Elsevier, vol. 56(C), pages 29-40.
    • Handle: RePEc:eee:enepol:v:56:y:2013:i:c:p:29-40
    DOI: 10.1016/j.enpol.2012.06.058
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    References listed on IDEAS

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    Cited by:

    1. Gong, Xu & Wang, You & Lin, Boqiang, 2021. "Assessing dynamic China’s energy security: Based on functional data analysis," Energy, Elsevier, vol. 217(C).
    2. Lade, Gabriel E. & Lin Lawell, C.-Y. Cynthia, 2015. "The design and economics of low carbon fuel standards," Research in Transportation Economics, Elsevier, vol. 52(C), pages 91-99.
    3. Yeh, Sonia & Burtraw, Dallas & Sterner, Thomas & Greene, David, 2021. "Tradable performance standards in the transportation sector," Energy Economics, Elsevier, vol. 102(C).
    4. Yeh, Sonia & Witcover, Julie & Lade, Gabriel E. & Sperling, Daniel, 2016. "A review of low carbon fuel policies: Principles, program status and future directions," Energy Policy, Elsevier, vol. 97(C), pages 220-234.
    5. Whistance, Jarrett & Thompson, Wyatt & Meyer, Seth, 2017. "Interactions between California's Low Carbon Fuel Standard and the National Renewable Fuel Standard," Energy Policy, Elsevier, vol. 101(C), pages 447-455.
    6. Lyu, Peng-hui & Ngai, Eric W.T. & Wu, Pei-yi, 2019. "Scientific data-driven evaluation on academic articles of low-carbon economy," Energy Policy, Elsevier, vol. 125(C), pages 358-367.
    7. Carmen‐Pilar Marti‐Ballester, 2019. "The role of mutual funds in the sustainable energy sector," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 1107-1120, September.

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