California is considering stricter emission rules that could further increase gas prices, sparking concerns about affordability for residents.
California authorities are about to make gasoline even more expensive for local drivers following a further tightening of emission rules , scheduled to be voted on this week. The vote would amend the state’s Low Carbon Fuel Standard , a program that began back in 2011 with the aim of incentivizing fuel producers to make lower-emission products by creating a carbon credit marketplace worth some $2 billion.
More than a hundred wrote to the California Air Resources Board—the authority set to vote on the revision—to complain that the revision would make fuels more expensive, CalMatters reported in late October. Some have also criticized the CARB for not ensuring a transparent process leading to the vote, set to take place this Friday. The Detroit News reports that as a result of the fuel standards revision, gas prices in California could swell by another $0.47 per gallon from 2025. Others cite $0.
Gasoline Prices Emission Rules Low Carbon Fuel Standard Carbon Credits Air Quality Affordability California Air Resources Board Public Health Environmental Mandates
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