California Approves New Low Carbon Fuel Amendments
California Approves New Low Carbon Fuel Amendments

California Approves New Low Carbon Fuel Amendments

News summary

The California Air Resources Board has approved new amendments to the state's Low Carbon Fuel Standard aimed at reducing planet-warming emissions, which may lead to increased gas prices. The regulations, passed with a 12-2 vote, are expected to decrease carbon intensity in transportation fuels by 30% by 2030, potentially raising gas prices by 47 cents per gallon by 2025, and possibly up to $1.50 per gallon by 2035. Proponents argue the changes will boost public health, promote clean energy investment, and fund electric vehicle infrastructure, though critics warn of economic impacts, including inflation and higher costs for goods transported from California. The plan has faced opposition from state Republicans and various critics, who cite a lack of transparency and potential economic burdens on consumers. Despite concerns about rising fuel costs, the board maintains that the measures are necessary for environmental and health benefits. This decision positions California as a leader in climate policy, with potential implications for neighboring states like Nevada and Arizona, which depend on California's fuel supply.

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