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flag Chevron warns proposed CA climate rules could raise gas prices $1/gal by 2030, threatening jobs, revenue, and energy security.

flag Chevron warns that proposed changes to California’s Cap-and-Invest program could raise gasoline prices by over $1 per gallon by 2030, threaten refining capacity, and jeopardize energy security, job stability, and national defense. flag The company urges policymakers to balance climate goals with economic and energy reliability concerns, citing risks to 536,000 jobs and $64 billion in annual tax revenue. flag The California Air Resources Board is set to vote on the update in May, amid bipartisan concern over rising fuel and electricity costs.

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