Relating to reducing greenhouse gas emissions from transportation fuels; and declaring an emergency.
Catchline/Summary:
Repeals sunset on provisions related to low carbon fuel standards. Repeals sunset on provisions related to low carbon fuel standards.
Prohibits Environmental Quality Commission from requiring compliance with low carbon fuel standards if division of Oregon Department of Administrative Services that serves as office of economic analysis finds that projected incremental cost of compliance would exceed four percent of projected average annual cost of gasoline or diesel in Oregon. Requires commission to suspend requirements to comply with low carbon fuel standards upon certain findings by division. Allows commission to reinstate requirements to comply with low carbon fuel standards upon certain findings by division.Ù
Extends target date for meeting certain emission goals under phased implementation of low carbon fuel standards.
Requires Environmental Quality Commission to adopt by rule provisions for managing and containing costs of compliance with low carbon fuel standards.
Prohibits fuels that contain biodiesel from being considered alternative fuels unless certain standards are met.
Adds certain exemptions to low carbon fuel standards.
Declares emergency, effective on passage.
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SB 324
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