Switching to electric cars would slash emissions and deal a blow to Vladimir Putin.
High oil prices could also derail California’s climate plans, even as they underscore the urgency of phasing out fossil fuels.— which requires oil refineries and other polluters to pay for their emissions — currently adds about 22 cents a gallon, with the Low Carbon Fuel Standard program adding another 15 cents, according to Severin Borenstein, an energy economist at UC Berkeley.
That means keeping gas prices under control is key to avoiding a political backlash that could derail California’s climate agenda, Borenstein said.
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