Politics & Government

November 27, 2014 4:00 PM

California motorists to begin shouldering costs of carbon auction

Starting Jan. 1, gas and diesel fuel will be subject to California’s cap-and-trade market, a 2-year-old regulatory mechanism that puts a price on carbon spewed into the atmosphere. The result will be higher gasoline and diesel prices, and probably more controversy for a state program that’s already been attacked in the courts by the business community.

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