Washington's gas prices topped the highest in the country last week, but as debates over climate policies heat up, experts say there's no single explanation behind rising costs.
Washington state’s new cap-and-invest system is raising hundreds of millions of dollars for climate action while pricing emissions at a much steeper cost than California, the only other state with this kind of system.
Governor Newsom has seized on fossil fuel regulations as one front in a larger battle, embracing sharp rhetoric against producers as part of his climate agenda. This fight has hinged on high gasoline prices throughout 2022 as a main political sticking point.
The impact of oil sanctions on Russia is limited compared to the severe repercussions they have on the global economy and other countries’ abilities to achieve energy security and transition.
The tack is a contrast from 2020, when Democrats including Biden jockeyed with each other to propose sweeping plans for curtailing the long-term threat of global warming.
