The Maryland Department of the Environment (MDE) estimates that achieving state carbon reduction targets could generate $135 billion in societal benefits. The report concludes that adopting a Maryland Clean Fuel Standard (CFS) would accelerate progress toward these goals while reducing energy costs for consumers and improving statewide economic and environmental resilience.
Key Findings
· Reduce 3.0 million metric tons of CO₂ annually—equal to removing nearly
· 1 million gasoline vehicles.
· Lower gasoline prices by $0.20–$0.40 per gallon, saving Maryland drivers $569M–$1B annually.
· Reduce diesel prices by 1–4%, lowering trucking, farm, and consumer costs by more than $100M.
· Improve air quality by reducing BTEX aromatics, PM2.5, and mobile-source air toxics—lowering health care costs and preventing an estimated 30 premature deaths annually.
· Preserve farmland and support agricultural income while slowing Maryland’s rapid rate of farmland loss.
· Strengthen Maryland’s resilience to fuel disruptions and foreign oil volatility through expanded domestic renewable fuel supplies.
Tags: CFS, Maryland, Maryland Biofuels Task Force
Category: Fuels
