CA air resource board defends Cap-and-Invest amid pushback from state lawmakers and Big Oil
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,...