Will California’s Climate Goals Make Gas More Expensive?
California's recent updates to its cap-and-invest program have sparked controversy among environmental activists and the oil industry. The California Air Resources Board aims to reduce emissions by 40% from 1990 levels by 2030, but concerns about rising gas prices and refinery shutdowns persist. Critics argue that the new measures may not sufficiently balance climate goals with affordability for consumers.
- ▪The California Air Resources Board updated its cap-and-invest program to achieve a 40% reduction in emissions by 2030.
- ▪Chevron warned that stricter regulations could raise gas prices and lead to more refinery shutdowns.
- ▪CARB increased funding to support businesses facing compliance costs and slowed the rollout of emission permit reductions.
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Home – Political News – Will California’s Climate Goals Make Gas More Expensive? news Will California’s Climate Goals Make Gas More Expensive? Angelina Delfin • June 4, 2026 Print High gas prices are displayed at a Chevron gas station as an American flag flies on April 8, 2026, in El Segundo, California. (Mario Tama/Getty Images) (function(){var t=document.querySelector(".wp-block-kadence-dynamichtml"),s=document.currentScript.previousElementSibling;if(t&&s){if("prepend"==="before_element")t.parentNode.insertBefore(s,t);else if("prepend"==="after_element")t.parentNode.insertBefore(s,t.nextSibling);else if("prepend"==="prepend"||"prepend"==="inside_first_child")t.insertBefore(s,t.firstChild);else t.appendChild(s);}})(); The war between affordability and climate activism continues to rage…
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