Climate Regulations Raise Gas Prices
- 06/22/2012
- AEA
- Emissions Standards, News, Products and Power, Tier 3 Standards
A new study put out by the Western States Petroleum Association concludes that California’s statewide cap-and-trade plan, known as AB32, would raise gasoline prices and shut down refineries. The study, performed by the Boston Consulting Group, affirms basic economics by realizing that government regulations will raise the cost of business and necessarily impact retail […]