California Regulators Approve Low-Carbon Fuel Proposal Amid Gas Price Concerns

The California Air Resources Board (CARB) voted on Nov. 8 to amend the state’s low carbon fuel standards, a move that some say could raise gasoline prices by up to 65 cents per gallon, though regulators suggested the impact would be less significant.
In a 12–2 vote, board members approved amendments to strengthen air quality regulations intended to incentivize investment in alternative vehicle power sources, such as electric, hydrogen, and biofuels, that could replace traditional fossil fuels.
Whether or not the amendments will affect the price of gas in the state, and if so by how much, is a contentious point of debate among regulators and lawmakers….