Will Democrats Get Another Supermajority Vote That Could Raise Gas Prices?
The power of the California Democratic Party’s supermajority was mightily tested last Thursday, with the nail-biting passage of a $52 billion transportation package that will add 12 cents to the price of gasoline.
What does that bode for the other big lift coming up in the Legislature, the reauthorization of the state’s landmark climate change legislation, cap and trade? The carbon auction system survived a court challenge Thursday — with the California appeals court affirming the legality of the program — but it’s an open question whether cap and trade can survive a bruising political battle and the likelihood of tacking on more to the price of gas at the pump.