California Fuel Prices Going Up as Its Green-house Gas Controls Hit Gasoline, Diesel Sales

Starting Thursday, gasoline and diesel producers will be subject to the state’s cap-and-trade system, forcing them either to supply lower-carbon fuels — which are more expensive to produce — or to buy pollution permits for the greenhouse gases created when the conventional fuel they supply is burned. In the short term, at least, that will mean higher prices at the pump, starting almost immediately.

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