US EditionCA Assembly rejects effort to block new 65 cent per gallon carbon fee
- The California Assembly voted on October 23, 2024, against a GOP proposal to block a new 65-cent-per-gallon carbon fee set to begin July 1, 2025.
- This vote followed the California Air Resources Board's approval of updated Low Carbon Fuel Standard regulations, designed to reduce carbon emissions by requiring credit trading among fuel producers.
- Democrats, led by State Senate Majority Leader Lena Gonzalez, opposed the repeal measure, while Republicans like Senator Brian Jones highlighted bipartisan calls for CARB Chairwoman Liane Randolph's resignation over lack of cost impact analysis.
- The new regulations, combined with state excise tax increases, could raise gas prices by up to 65 cents per gallon on top of California's already highest-in-nation average of $4.75 as of June 4, 2025.
- The outcome suggests continued pressure on middle- and working-class drivers who must manage fuel affordability amid planned fuel policy shifts and refinery closures reducing supply by 21 percent by 2026.
10 Articles
10 Articles
California Gov. Newsom and Democrats Driving Gas Prices Through the Roof – California Globe
California Democrats killed bills this week which would have suspended the Low Carbon Fuel Standard gas tax increase of 65 cents a gallon from going into effect July 1st. Assembly Republicans tried to suspend constitution (which is frequently done by Democrats) to bring AB 12 to the floor, which would halt the state’s updated Low Carbon Fuel Standard from going into effect. That failed 18-39. The rule is expected to raise gas prices and could g…
Colorado Springs Gazette
CA Assembly rejects effort to block new 65 cent per gallon carbon fee
(The Center Square) – The California Assembly voted against a measure that would have prevented the state’s new Low Carbon Fuel Standard from going into effect, which some experts say would add 65 cents to the cost per gallon of…
California's Carbon Market Reaches an Inflection Point
California's carbon allowance auction results released May 29th revealed prices had hit rock bottom, signaling weak corporate demand and casting doubt over the future of the nation's fourth-largest carbon market. Companies that typically purchase quarterly credits to cover their greenhouse gas emiss...
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