Decision by state regulators means California gas prices could rise substantially

Decision by state regulators means California gas prices could rise substantially

New regulations aimed toward limiting the carbon intensity in fuels in California could curb the state's ongoing drop in gas prices. According to the Los Angeles Times, the California Air Resources Board approved the new measures in a 12-2 vote. Supporters cited the push that the new measures will provide in moving California away from fossil fuels. The plan will limit the carbon intensity in fuels by expanding a program instituted in 2011 that …

California gas prices could rise with toughened climate regulation

California air quality regulators late Friday approved a plan to strengthen limits on the planet-warming emissions from gasoline and diesel fuels, a move expected to raise gas prices but bring public health benefits. Members of the California Air Resources Board approved amendments to the state low carbon fuel standard during a Friday meeting in Riverside that stretched 11 hours and featured scores of public speakers. Twelve of the appointed boa…

California gas prices could rise with toughened climate regulations

California air quality regulators Friday OK'd a plan to strengthen limits on emissions from gasoline and diesel fuels, a move expected to raise gas prices.

California Toughens Climate Fuel Rules Despite Possible Cost

(Bloomberg) — California regulators tightened requirements for the carbon intensity of fuels sold in the state, despite fears the move could add nearly 50 cents to the price of a gallon of gasoline.

California regulators approve climate rules that could raise gas prices significantly

The California Air Resources Board voted make emissions goals in the state stricter. Critics say the move could increase gas prices as much as 85 cents by 2030.