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ENERGY PARTNERS, L.P.California’s Proposed Low Carbon Fuel StandardPOSSIBLE LOW CARBON STRATEGIES E-10 Increase Blend from E-6 to E-10 E-85 Sell high blend (85% ethanol/15% gasoline) foruse in Flex Fuel Vehicles Increased use of Low Carbon Ethanol-CellulosicEthanol (switchgrass/agricultural waste) has 4 to 5times less carbon content than corn-based ethanol Hybrid/AFV’s Logistics Implications14