AM-12-34 Carbon Intensity Assessment of Gasoline and Diesel from Crude Oils, Bitumen and Synthetic Crude Oils in a European Context

Description:

New fuel regulations aimed at reducing GHG emissions from transportation fuels require a reduction in the carbon intensity of gasoline and diesel that will affect a refiner’s crude oil choices where these regulations apply. In California, the Low Carbon Fuel Standard (LCFS) requires fuel suppliers by 2020 to reduce the carbon intensity of gasoline and diesel by 10% from the 2010 base year.1 In Europe the proposed Fuel Quality Directive (FQD) requires a 6% reduction in carbon intensity by 2020 from the 2010 base year.2 Carbon intensity is reported on the basis of grams of CO2 equivalent per megajoule of fuel (g CO2e/MJ of fuel), where CO2 equivalent emissions are the global warming emissions of CO2, N2O, and CH4 reported on the basis of their CO2 equivalent warming potential.