Does California's Low Carbon Fuel Standards reduce carbon dioxide emissions?

The Low Carbon Fuel Standards (LCFS) represents a new policy approach designed to reduce carbon dioxide emissions by applying standards to all stages of motor fuel production. The authors use the synthetic control and difference-in-differences econometric methods, and Lasso machine learning to analyze the effect of the LCFS on emissions in California's transportation sector. The three different techniques provide robust evidence that the LCFS reduced carbon dioxide emissions in California's transportation sector by around 10%. Furthermore, the authors' calculations show that improved air quality, due to the application of the LCFS, may have benefited California in the magnitude of hundreds of millions of dollars through an increase in worker's productivity.

• Record URL:
  https://doi.org/10.1371/journal.pone.0203167
• Supplemental Notes:
  • © 2018 Samir Huseynov and Marco A. Palma.
• Authors:
  • Huseynov, Samir
  • Palma, Marco A
• Publication Date: 2018

Language

• English

Media Info

• Media Type: Web
• Features: Figures; References; Tables;
• Pagination: e0203167
• Serial:
  • PLoS One
  • Volume: 13
  • Issue Number: 9
  • Publisher: Public Library of Science
  • EISSN: 1932-6203
  • Serial URL: https://journals.plos.org/plosone/
• Publication flags:

  Open Access (libre)

Subject/Index Terms

• TRT Terms: Air quality; Carbon dioxide; Economic benefits; Labor productivity; Policy; Pollutants; Standards
• Identifier Terms: Low Carbon Fuel Standard
• Uncontrolled Terms: Emissions standards
• Geographic Terms: California
• Subject Areas: Economics; Environment; Highways; Policy;

Filing Info

• Accession Number: 01705079
• Record Type: Publication
• Files: TRIS
• Created Date: May 21 2019 11:06AM