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FOR IMMEDIATE RELEASE
Press contact: Jeff Benzak, 202-513-6248 or jbenzak@e2.org; or Rebecca Deehr, 206-390-9199 or rebecca@e2.org

E2: Clean Fuel Standard would mean more jobs, more homegrown energy, cleaner product at the pump

Announcement bringing state one step closer toward implementing Clean Fuel Standard is latest evidence Gov. Inslee want to expand Washington's economy by acting on climate


Seattle (February 4, 2015) -

The Department of Ecology’s release of a draft Clean Fuel Standard today shows Washington state is serious when it comes to creating more clean energy jobs, giving consumers a better, cleaner product at the pump, and boosting the state’s economy, according the national nonpartisan business group Environmental Entrepreneurs (E2).
 
While the Clean Fuel Standard, or CFS, has not yet been finalized, the announcement brings Washington state one step closer toward limiting the amount of carbon pollution emitted by fuels used in the state’s transportation sector.
 
As E2 has seen elsewhere on the West Coast, strongly implementing a CFS sends a strong market signal to the private sector that attracts innovative, job-creating clean energy businesses, particularly in the advanced biofuels sector.
 
This is more good news for Washington’s economy and climate,” said Mark Liffmann of Seattle, an E2 Pacific Northwest chapter director. “Clean energy companies want to locate their factories, their plants, and base their employees in states that have commonsense energy policies like strong clean fuel standards.”
 
The announcement is the latest sign from Gov. Jay Inslee that he’s committed to expanding clean energy job opportunities and broadening consumer fuel choices in Washington by acting on climate. In December, Gov. Inslee outlined the state’s broader climate plan, which has already earned pointed support from Washington-based E2 members/business leaders, and it builds upon a foundation of support for climate action from businesses active all across Washington.
 
E2 executive director Bob Keefe said if Gov. Inslee signs an executive order implementing a strong Clean Fuel Standard, the state will take another big step toward reducing the billions of dollars Washington consumers spend annually purchasing out-of-state oil.
 
Instead of importing gas from out-of-state, a clean fuel standard helps Washington produce more homegrown fuel,” Keefe said. “A strong clean fuel standard keeps more of Washington’s hard-earned dollars in state – and creates good local jobs on both sides of the Cascades.”
 
Clean fuel standards in California and British Columbia have helped businesses there increase production capacity and revenue. Oregon also is currently working toward extending its own standard, increasing regional competition.
 
To show the breadth and the depth of the clean energy and clean fuels industries on the West Coast and nationally, E2 has produced the following resources:
 
• The E2 Web site http://www.cleanenergyworksforus.org/washington is a resource for Washington-specific clean energy news and information.
 
• E2’s 2014 Advanced Biofuel Market Report details the size – and potential – of the advanced biofuel industry in Washington and across North America. The report notes advanced biofuel industries reached a production capacity of more than 800 million gallons in 2014. That’s double the capacity in 2011 – and it’s roughly enough to fill an entire lane of Interstate 5 from Seattle to San Diego with nothing but large tanker trucks filled with advanced biofuel.
 
• California offers a prime case study on how clean fuels standards grow a state’s economy. E2 partnered in the release of this report showing how California’s Low-Carbon Fuel Standard is both achievable and growing the state’s economy. We also authored this report on biodiesel in California.
 
To speak with Washington-based E2 members and business leaders, or with E2’s clean fuels experts, please contact Jeff Benzak at jeff@e2.org or 202-513-6248.

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Environmental Entrepreneurs (E2) is a nonpartisan, national community of business leaders who promote sound environmental policies that grow the economy. We are entrepreneurs, investors, and professionals from every sector of the economy who collectively have been involved in the financing, founding or development of more than 1,700 companies that have created more than 570,000 jobs. Our members manage billions of dollars in venture and private equity capital that will flow over the next several years into new companies. For more information, see www.e2.org.

 

 


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