A reminder of why California gas prices are so high.
The memorandum had California promising to be "Carbon neutral" by 2045 and to promote the "Environmental integrity of carbon pricing instruments".
The California average gas price is now over $6 a gallon, compared to $4.60 for the rest of the country, because Democrats are making ordinary drivers, whom they call "Polluters", pay.
ProPublica, a leftist group, noted that, "California's oil and gas industry actually rose 3.5% since cap and trade began." While the idea that there's anything wrong with carbon is an environmentalist hoax that props up corrupt green special interests, the Brown-Newsom green tax isn't even coming close to accomplishing the stated goals that is the basis for those taxes.
Some of the biggest companies in the country boast of going "Carbon neutral" by 2030, 2045 or 2980, when what that actually means is that they're buying "Carbon offsets" and changing nothing.
That is one reason why California's gas prices are some of the highest in the nation.
Senator Whitehouse's proposal would have added about 14 cents a gallon, but would have increased "5 percent above inflation annually." That kicker, also a part of California's gas taxes, is what's really making them rise.
Wednesday, June 1, 2022
High Gas Prices are Caused by Governments, Not Companies
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