California Tightens Carbon Market to Get Deeper Emissions Cuts

September 19, 2025

E&E News

Meredith Fowlie, Energy Institute Faculty Director, comments in E&E News on the difficulties of implementing such emissions cuts while also limiting excessive costs for consumers.

“‘AB 1207 also requires the California Air Resources Board, or CARB , which runs the market, to try to avoid making consumers pay excessively for the additional emissions cuts through higher gasoline prices and other costs. It probably won’t be easy,’ said Meredith Fowlie, faculty director of  the Energy Institute at University of California Berkeley’s Haas School of Business.”

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