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Chevron warns proposed CA climate rules could raise gas prices $1/gal by 2030, threatening jobs, revenue, and energy security.
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.
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.
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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Chevron advierte que las reglas climáticas propuestas de CA podrían elevar los precios del gas $ 1 / galón para 2030, amenazando empleos, ingresos y seguridad energética.