Reported 15 days ago
California has tightened its fuel carbon intensity requirements, despite warnings that this could increase gasoline prices by nearly 50 cents per gallon. The California Air Resources Board amended its Low Carbon Fuel Standard, which mandates reducing fuel carbon targets more rapidly. While the decision aims to combat climate change amid rising living costs in the state, it has raised alarms among consumer advocates about potential price hikes. Governor Newsom faces backlash from the oil industry, as he tackles high fuel prices while pushing for a transition away from fossil fuels.
Source: YAHOO