Governor of California, Arnold Schwarzenegger, will continue his green march tomorrow by enacting legislation to reduce the carbon emissions of vehicles by 10% by the year 2020. Called the Low Carbon Fuel Standard (LCFS); this first-in-the-world greenhouse gas (GHG) standard for transportation fuels will spark research in alternatives to oil and reduce GHG emissions.
10% may not seem like a massive reduction in 10 years, but for a state that is the nationâ€™s second largest producer of transportation-related carbon dioxide from fossil fuel combustion, it will go a long way in reducing greenhouse gases. Furthermore, Schwarzenegger is banking on the legislation sparking research and development of alternative fuels and transportation. From the article,
“The University of California estimates that the Governorâ€™s GHG emissions goals can increase Gross State Product by about $60 billion and create over 20,000 new jobs.”
Another interesting insight: “Energy companies could hit the governor’s target, said Bob Epstein, co-founder of Environmental Entrepreneurs, by dedicating 800,000 acres of farmland in the San Joaquin and Imperial valleys to sugar cane, sugar beets, sorghum grass and other ethanol sources. That could displace 80 percent of the alfalfa grown in California, but it’s only 3 percent of the state’s 26.4 million acres of farmland.”
Some bold initiatives taking place in California–from a Republican superstar no less. Could you imagine if the federal government was as innovative? For a live webcast of the historic event, click here at 10AM, Thursday morning PST.