GOP-controlled House votes to block California from phasing out sale of new gas-powered cars by 2035

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Fri, May 2, 2025

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Short squeeze is starting in shares of FRME at $3 .. 73, after crossing above the $36.71 Trigger Price

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GOP-controlled House votes to block California fr .. phasing out sale of new gas-powered cars by 2035

GOP-controlled House votes to block California from phasing out sale of new gas-powered cars by 2035

^{Published on 2025-05-02 05:26:32 - Fortune}

California for decades has been given the authority to adopt vehicle emissions standards that are stricter than the federal government's.

The GOP-controlled House voted to block California's plan to phase out the sale of new gas-powered cars by 2035, passing a resolution that would nullify the state's Advanced Clean Cars II rule. This rule, set by the California Air Resources Board, aims to transition to zero-emission vehicles to combat climate change and improve air quality. The resolution, supported by arguments that the rule would increase costs for consumers and limit vehicle choices, now heads to the Senate, where its fate is uncertain due to the Democratic majority. If it passes the Senate and is signed by President Biden, it would override California's authority to set its own vehicle emissions standards, potentially affecting similar initiatives in other states.

Read the Full Fortune Article at:
[ https://fortune.com/article/gop-controlled-house-votes-to-block-california-phasing-out-sale-of-new-gas-powered-cars-2035/ ]

N@N

GOP-controlled House votes to block California from phasing out sale of new gas-powered cars by 2035