The California Air Resources Board (CARB) has decided to use the latest research on indirect land use change (ILUC) for implementing the state’s Low Carbon Fuels Standard (LCFS), meaning the current ILUC penalty for corn ethanol likely will be cut by at least half by the spring of 2011. The Renewable Fuels Association (RFA) says the resolution is good news for the ethanol industry, but expressed concerns about waiting until after the standard is implemented in January to make the revisions.

RFA Vice President for Research Geoff Cooper talks about the decision and its impact in this edition of “The Ethanol Report.”

Listen to the Ethanol Report here: Ethanol Report on California LCFS