16 Dec '11, 1am

Oil Industry Attacks on Alternative Fuel Costs Just Don't Hold Up

NRDC is familiar with the oil industry’s past claims and with its funded research that has proven far off from reality. It’s the same ole’ song played over and over again that has failed for years. In fact, retrospective studies published on past cleaner fuel standards have shown that industry groups such as the American Petroleum Institute (API) have overestimated compliance costs –often by several times – versus the actual costs. We show several of these studies below. Sierra Research, funded by Western States Petroleum Association, has a track record that is exceedingly poor, also shown below, when its estimated costs were four to six times too high the last go around.

Full article: http://switchboard.nrdc.org/blogs/smui/oil_industry_attac...

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