Post by les on May 3, 2023 13:29:53 GMT
May 3, 2023
"Sound Transit has an opportunity to leverage Washington’s new Clean Fuel Standard for revenue. The agency believes that participation in the market-based program to reduce greenhouse gases from transportation could deliver a revenue-positive outcome. Passed in 2021, the Clean Fuel Standard went into effect this year and applies to fuel producers. By 2034, the Clean Fuel Standard is supposed to reduce the carbon intensity of fuels by 20% using 2017 levels as a baseline."
Sound Transit Is Set to Leverage State’s Clean Fuel Standard for Revenue
"Sound Transit has an opportunity to leverage Washington’s new Clean Fuel Standard for revenue. The agency believes that participation in the market-based program to reduce greenhouse gases from transportation could deliver a revenue-positive outcome. Passed in 2021, the Clean Fuel Standard went into effect this year and applies to fuel producers. By 2034, the Clean Fuel Standard is supposed to reduce the carbon intensity of fuels by 20% using 2017 levels as a baseline."
Sound Transit Is Set to Leverage State’s Clean Fuel Standard for Revenue