Minnesota legislators are advancing two significant proposals that, individually or in combination, would increase what you pay for gasoline, diesel, and home heating. Here’s what each one does and why they matter.
HF 2847 – Clean Transportation Standard
This bill would impose a LCFS on every gallon of fuel sold in Minnesota, requiring fuel suppliers to reduce the “carbon intensity” of their products on an escalating schedule from 2026 through 2050.
Suppliers that cannot meet the targets must purchase expensive compliance credits whose costs are passed directly to consumers at the pump.
The same policy framework in California caused gasoline prices to rise by over $0.52 per gallon and diesel by over $0.66 per gallon, according to a California Air Resources Board (CARB) analysis. Minnesota consumers would face a similar, and potentially worse pricing impact.