General Industry Term

LCFS meaning in oil and gas

Definition

Low Carbon Fuel Standard

LCFS means Low Carbon Fuel Standard. A new standard of fuels to account for their carbon intensity or global warming intensity (GWI). The GWI is a measure off all the mechanisms that affect global climate.

A new standard of fuels to account for their carbon intensity or global warming intensity (GWI). The GWI is a measure off all the mechanisms that affect global climate.

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