Effects of carbon regulation on the price of fuel

There’s no question that the various carbon bills being debated by the Washington State Legislature will raise the price of fuel in Washington. The question is how much will the cost of fuel go up?

Affordable Fuel Washington has released a graphic that estimates if a cap-and-trade system, a state tax increase and low carbon fuel standard are passed, fuel costs will go up by $.64 per gallon by 2028.

See the graphic here.