California drivers brace for possible gas price hike after state regulators approve tighter climate standards

Published On Nov 10, 2024, 9:35 PM

California is preparing for a possible increase in gas prices following the approval of stricter climate standards by the California Air Resources Board (CARB). These standards, aimed at reducing transportation emissions, may lead to a rise in costs for consumers, with estimates suggesting a potential increase of 20 to 65 cents per gallon at the pump. The state has ambitious plans to achieve carbon neutrality by 2045, which includes promoting cleaner fuels and transportation options. While CARB has stated that the new regulations do not impose direct surcharges on fuel, the impact on gas prices will depend on the actions of fuel providers.