California residents are up in arms over revelations of a hidden gas tax hike set to roll out within the next two years, causing concerns about the impact on household budgets. The California Air Resources Board (CARB), responsible for environmental regulations in the state, disclosed in a recent report that gasoline prices are poised to surge by approximately 50 cents per gallon annually to support clean air initiatives. This revelation has stirred controversy, with critics like Republican state Sen. Janet Nguyen decrying the move as detrimental to Californians, particularly the middle and low-income brackets.
The impending price hikes stem from the state’s ambitious Low Carbon Fuel Standard reforms initiated in 2007, designed to curb emissions. CARB projects a gradual increase in gasoline and diesel prices, with estimates suggesting a substantial rise in the coming years. Diesel prices could climb by nearly 60 cents this year alone and gasoline prices expected to follow suit.
Despite these projections, CARB remains steadfast in its pursuit of a greener future, recently finalizing regulations mandating a rapid transition to zero-emissions vehicles. This shift aligns with California’s broader climate agenda, which includes phasing out gas-powered vehicles entirely by 2035. While proponents argue that such measures are crucial for combatting climate change, critics fear the financial burden it places on consumers, particularly in light of the looming gas tax hike.
The state’s commitment to reducing greenhouse gas emissions and dependence on fossil fuels is part of Governor Gavin Newsom’s ambitious California Climate Commitment, unveiled two years ago. With targets set to slash emissions by 85% and decrease oil demand by 94% by 2045, the state is embarking on an unprecedented journey towards sustainability.