State officials spar over impact of climate act on gas prices as drivers pay up

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State officials spar over impact of climate act on gas prices as drivers pay up
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Calls are growing for changes to the state of Washington's Climate Commitment Act (CCA), as gas prices remain above $5 a gallon on average statewide.

, which he believes will help lower gas prices, improve fuel price transparency, and help ensure Washington’s climate action is balanced with affordability.

Mullet, who is running for governor and has previously received political donations from oil and gas companies, proposes adjusting the carbon emission compliance schedule and using revenues from the CCA auctions to lower car tab fees, among other things. His bill follows a The current language on the state Department of Ecology site reads, “Historically, gas is a volatile commodity. Retail prices are affected by changes to production capacity, and supply and demand for crude oil. State regulations play a minor role.”

“I have a record of standing up to corporate price-fixing and price gouging that harms Washingtonians,” Ferguson said. “The big oil companies collectively made more than $200 billion in profits last year, and I am taking allegations of price gouging by fossil fuel companies seriously. We will develop both legal and legislative remedies to address price gouging and increase transparency of gas prices.

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