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In January, 2010, California fuel suppliers will be operating under the state's new Low-Carbon Fuel Standard (LCFS). Over the next 10 years, the life cycle carbon usage of vehicular fuels must be reduced by 10%, with the aim of an improving market for low-carbon alternatives. One big complication is how to compute indirect land use changes, like clearing forests to grow corn. In this scenario, gasoline actually beats ethanol's LCFS rating. LCFS is certainly the first regulation to look at the big picture, but does it get us where we need to go?
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