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California drivers brace for costly new global warming gas tax

Gasoline_taxNeal Kaye writes | Californians already pay the nation’s second highest gas tax at 68 cents a gallon — and now it will go up again in January to pay for a first-in-the-nation climate change law.

“I didn’t know that,” said Los Angeles motorist Tyler Rich. “It’s ridiculous.”

“I think it’s terrible,” added Lupe Sanchez, pumping $4.09-a-gallon gas at a Chevron near Santa Monica. “The economy, the way it is right now with jobs and everything, it’s just crazy.”

When gas prices go up, motorists typically blame oil companies, Arab sheiks and Wall Street speculators. This time they can blame Sacramento and former Gov. Arnold Schwarzenegger for passing a bill requiring California to reduce carbon emissions to 1990 levels by 2020.

http://www.foxnews.com/politics/2014/08/27/california-hidden-gas-tax/

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Some notes: gasoline in California will be subject to California’s Global Warming Solutions Act tax (Schwarzenegger signed AB 32 into law in 2006) which will boost the price starting at $0.12 per gallon and could go as high as $0.76.

Right now, Hawaii has the nation’s highest gas prices, California is second. This new tax would make California the state with the highest priced gasoline and diesel fuel.

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