OPINION: Washington state’s nation-leading gasoline prices should serve as a warning
with its low carbon fuel standard and cap and trade program, both of which have been around for years and are estimated to add 47 cents per gallon to the current price. But Washington has been making up for lost time in 2023 with its stringent new Climate Commitment Act.
But now they have changed their tune in response to the unpopularity of the measure and are blaming corporate greed by speculating that the law somehow provided fuel producers with the opportunity to manipulate market prices higher. However, the increases are entirely in line with the per gallon cost of the program so far.
Inslee considers climate change the "defining challenge of our time" and has thus far shot down any potential changes to the law that might cushion the consumer impact.
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