Fresno seeks to delay Fuel Standard vote over concerns of gas price hike
Nov 07, 2024
FRESNO, Calif. (KSEE/KGPE) – Proposed Low Carbon Fuel Standard (LCFS) updates would lower carbon emissions, but the Fresno City Council wants the vote delayed as they say it could raise gas prices by nearly a dollar.
On Thursday, the council unanimously voted to pass a resolution requesting that the California Air Resources Board (CARB) postpone its scheduled vote on LCFS updates to allow for further analysis of the financial implications for working families.
"To add further costs without a thorough understanding of the consequences would be irresponsible and potentially devastating for families who are already working hard to get by," said City Council President Annalisa Perea. "We respectfully urge CARB to balance its environmental mission with careful consideration of the economic pressures on Fresno's working families."
The council says proposed LCFS updates have raised concerns about increased fuel costs, which estimates show could increase gas prices between 47 and 85 cents per gallon.
According to the Kleinman Center for Energy Policy, the LCFS requires the carbon intensity of transportation fuels sold in California to decline every year until 2030 - a target that sets to achieve a 20% reduction from the 2010 baseline.
The Kleinman Center says the annual price increase applies only to the portion of a fuel’s carbon intensity score that is higher than the program’s yearly policy target. However, as the years go on, the target will continue to decrease, gradually increasing the gap and raising prices every year.
The City Council's resolution asks for CARB to delay its vote until the California Legislative Analyst's Office conducts a comprehensive review to determine a more definitive understanding of the financial impact on local communities.