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CA air resource board defends Cap-and-Invest amid pushback from state lawmakers and Big Oil

New York Post Fews App News Provider
Fews App Post Time 21h ago

There’s growing pressure to pull the plug on California’s proposed Cap-and-Invest Program but the agency behind the plan isn’t moving. The California Air Resources Board (CARB) responded to the concerns, calling the initiative “the most cost-effective way” to meet the state’s climate goals. “Although companies in the program have added their costs to gasoline prices, the proposed updates are not expected to add additional costs,” the office of CARB Chair Lauren Sanchez told the Post in a statement.

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