In general, I’m not a huge fan of the LCFS as an approach; it effectively requires blending biofuels into gasoline and diesel. This has some serious scale limits and doesn’t cut emissions as much as getting people to not burn stuff in the first place.
Baby steps are great, and I’m a huge fan of the strongtowns mentality of “what is the next smallest thing we can do that will make progess”.
Unfortunately this is a baby step nowhere, and most likely a big boy step backwards. It won’t meaningfully reduce carbon emissions even if everything else stays the same. Unfortunately things probably won’t stay the same, instead prices for food and transportation will increase leading towards resentment towards climate change policies and those that enacted them.