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Falling oil prices hide global-warming gasoline fee, for now
2015-01-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
U-T San Diego: A new state fee on gasoline designed to combat global warming arrived at the corner gas station on New Years Day, but tumbling oil prices are likely to insulate consumers for the time being. Its a lucky break for lawmakers who, concerned about political backlash, made a failed attempt to delay the fee. The amount of Californias new fee is determined by a complex market for emissions rather than set by legislation. The market has been stable amid heavy regulation, yet critics say it could...
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Category:Electronics and Electrical