California Approves New Fuel Standards, Gas Prices Rise

The California Air Resources Board (CARB) has approved stricter fuel standards aimed at reducing greenhouse gas emissions, which are expected to increase gas prices by up to 65 cents per gallon. The new regulations, passed in a 12 to 2 vote, aim for a 30% reduction in emissions and contribute to California's goal of achieving carbon neutrality by 2045. Critics, including state Republicans, argue that these measures will disproportionately burden working-class families, with some estimating that gas prices could rise to over $5 per gallon. Governor Gavin Newsom faces criticism for the move, which coincides with rising housing and energy costs in the state. Supporters defend the regulations as necessary for environmental health, but many residents express concern over the financial impact, particularly during challenging economic times. The move has sparked significant political backlash, with calls for reconsideration amidst fears of exacerbating California's already high cost of living.