Lux Research says biomass-based diesel to lead race for GHG emissions reductions goals

In Massachusetts, biomass-based diesel and conventional electricity lead the race to meet new emissions reduction goals, and diversified energy companies are well-placed, according to Lux Research.

Traditionally policies to promote greener transportation fuels have focused on mandating volumes of specific biofuels that must be used. However, a new generation of policies is based on technology-agnostic carbon intensity metrics, led by the California Air Resources Board low-carbon fuel standard (LCFS). Renewable diesel and conventional electricity will be the near-term winners according to Lux Research, followed by renewable electricity in a close third.