‘Cap-and-Invest’ raises gas prices without doing anything for climate

Schimbări climatice

Sacramento has a problem with Cap-and-Invest, the “climate change” premium that adds at least 20 cents per gallon to the price of fuel in California. The program works as designed. It makes energy, fuel, shipping, construction, farming and running a business more expensive. Then Sacramento pretends to be shocked that California is unaffordable. The California Air Resources Board is trying to redesign the state’s emissions-trading program, formerly known as “Cap-and-Trade,” and now rebranded as “