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Low Carbon Fuel Standards Are Pushing The Dirtiest Fuels Out Of The Market



Governments concerned about climate change generally aren’t banning fossil fuels outright; they’re creating low carbon performance standards, which allow for taxing of fuels based on their carbon content. A steadily rising price for carbon means the dirtiest fuels—from places as disparate as Canada, Venezuela, and Alaska—will eventually be pushed out of those systems.

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