ENVIRONMENT

California to Boost Emissions Cuts, but Gas Prices Might Rise

California, Sacramento, USASun Nov 10 2024
California’s air regulators just voted to change a major climate program. This program, called the Low Carbon Fuel Standard (LCFS), aims to reduce emissions from transportation fuels. The updates aim to boost emission reduction targets and fund charging stations for electric vehicles. But, there's a catch. These changes might increase gas prices across the state. Some environmental groups think the program focuses too much on biofuels and not enough on electric vehicles. Even the oil industry and state lawmakers are worried about the potential price hikes. Experts estimate that gas prices could go up by as much as 85 cents per gallon by 2030. But, the California Air Resources Board says the program will eventually lower the cost of sustainable fuels. The LCFS was first started in 2009 and is part of California’s plan to be carbon neutral by 2045. The state has been pushing to phase out fossil-fuel vehicles. However, some critics wonder if the benefits of the LCFS will outweigh the costs.

questions

    Is the increase in gas prices part of a secret plot to force everyone into electric vehicles?
    How does the cost-benefit analysis of the LCFS program compare to similar programs in other states?
    If gas prices rise, will we see an increase in the use of skateboards as a mode of transport?

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