CA air resource board defends Cap-and-Invest amid pushback from state lawmakers and Big Oil
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Source: New York Post
Published: 2026-03-11 10:17 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, Financial Markets, World News, Business & Economy, Environment & Climate
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Snippet:
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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