In 2019, the cost of Oregon’s low-carbon fuel mandate more than doubled, jumping from 1 cent per gallon to about 2.4 cents per gallon. Additionally, Oregon’s fuel mandate is less than 5 percent as effective at cutting CO2 as common alternatives used by Seattle City Light and others.
During today’s media briefing about the upcoming legislative session, Governor Inslee mentioned that in Oregon, the low-carbon fuel mandate (also known as an LCFS) added only 1 cent per gallon to the price of gas. This is an old estimate from 2018. This number comes from the State of Oregon, which calculates the cost based on all transactions of credits in the low-carbon fuel program over the previous year.