Oct 30, 2024
The Renewable Fuels Association applauded California Governor Gavin Newsom for directing the state’s Air Resources Board to expedite the approval of E15 in the state. California is currently the only state that doesn’t allow the sales of lower-cost, low-carbon E15. In a letter to the California Air Resources Board, Newsome wrote, ”Given the potential for allowing E15 gasoline to increase the fuel supply and reduce gasoline prices with little to no environmental harm, it’s prudent for CARB to prioritize resources that would allow for the rapid completion of the process, and I am directing CARB to accelerate its action on this critical issue.” Newsom’s letter cited a recent study by economists from the University of California at Berkley and the United States Naval Academy that showed E15 could result in a twenty cents per gallon price decrease for the state’s drivers, saving California families up to $2.7 billion per year.
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