A more significant impact is expected from the Low Carbon Fuel Standard program, approved by the state’s air resources board in November. This program aims to reduce California’s greenhouse gas emissions, but will result in stricter regulations on gas producers.
Warnings have been circulating for weeks that gas prices could rise even higher in the state — perhaps as high as $9 per gallon. High taxes and fuel standards already make California’s gas the most expensive in the U.S., and new taxes passed by the Democrat-controlled legislature and signed into law by Gov. Gavin Newsom mean there is no end in sight.
One reason for the enthusiasm on the left for gas taxes is a desire to drive consumers into the electric vehicle (EV) market.
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!