California Air Resources Board

Would have required CARB, by January 31, 2026, to reconsider and revise the Low Carbon Fuel Standard to reduce the program's financial burden on drivers in the State. Would have required CARB, in doing so, to do all of the following: provide a complete analysis of the passed-through costs of carbon credits to drivers, including a comparison to prior methodologies; prioritize changes that directly benefit individual drivers, including revising carbon credit structures to multiply credit generation for certain pathways aligned with State priorities; evaluate the extent to which changes can be made to prioritize in-State projects and benefits; and analyze impacts that adjusting the credit price cap for the Credit Clearance Market would have on program cost and investment capabilities. Held on suspense in the Senate Appropriations Committee.

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