California Strengthens Low Carbon Fuel Standards Amid Gas Price Concerns
The new regulations aim to reduce emissions but may lead to higher costs at the pump, sparking debate among stakeholders.
- California's Air Resources Board voted to enhance the Low Carbon Fuel Standard to lower transportation emissions.
- The updated standards could increase gas prices by 5 to 8 cents per gallon, with some estimates suggesting up to 65 cents.
- Republican lawmakers and oil industry representatives oppose the changes, citing potential economic burdens on consumers.
- Environmental advocates criticize the amendments for inadequately addressing pollution in vulnerable communities.
- Despite potential price hikes, CARB claims the amendments will ultimately save Californians on fuel costs over the long term.