CEA Midwest’s Chris Ventura looks at the consumer impact Minnesota’s proposed Clean Transportation Standard will have on families and small businesses across the state.
Modeled after California’s Low Carbon Fuel Standard, the Clean Transportation Standard Act (SF 2584) introduced in the Minnesota Legislature — as currently drafted — could increase fuel prices significantly. Last year, the California Air Resources Board (an official agency of the State of California) analyzed the California policy this bill is modeled on. CARB determined California policies could “potentially increase the price of gasoline by $1.15 per gallon, potentially increase the price of diesel by $1.50 per gallon and fossil jet fuel by $1.21 per gallon.”
