California’s Low Carbon Fuel Standard

A good op-ed on an important policy measure with bipartisan support. Quotable Quote:

The low carbon fuel standard differs significantly from President Bush’s proposal to indiscriminately expand “alternative fuels” without paying attention to their environmental consequences. His plan would likely bring us coal-based liquid fuels and more of today’s corn-based ethanol, but it does not provide the incentives and rules needed to transform these technologies so that they can compete in energy markets that take climate change seriously.