# Newsom and Schwarzenegger celebrate AB 32 anniversary

> California leaders mark 20 years of climate law that costs workers money.
- Title: Newsom and Schwarzenegger celebrate AB 32 anniversary
- Summary: California leaders mark 20 years of climate law that costs workers money. California’s cap-and-trade program AB 32 raised fuel prices by 5% but failed to…
- Keywords: gavin newsom, arnold schwarzenegger, ab 32, cap-and-trade, california, fuel prices, wildfires, climate law, news, entertainment, Newsom, Schwarzenegger
- Source: California Post — https://nypost.com/2026/10/15/opinion/gavin-newsom-arnold-schwarzenegger-more-expensive-gas
- Published: 2026-10-16T01:46:42+00:00
- Read time: 1 min
- Topics: gavin newsom, arnold schwarzenegger, ab 32, cap-and-trade, california, fuel prices, wildfires, climate law, news, entertainment
## California leaders celebrate AB 32 anniversary
Gavin Newsom and Arnold Schwarzenegger bonded this week as they celebrated the 20th anniversary of AB 32, California’s cap-and-trade, excuse us, cap-and-invest, program.
## AB 32 raised fuel prices by 5%
AB 32 has raised the price of fuel in California by 5%, or 26 cents per gallon at current prices, working Californians suffer most.
## Wildfires canceled AB 32 emissions progress
California’s wildfires have emitted so much carbon dioxide that they have canceled out decades of emissions reductions through AB 32 and other measures.
## AB 32 is a climate failure
AB 32 is a failure. A big one. California is a negligible factor in global climate anyway, despite its large economy.
## Key takeaway

California’s cap-and-trade program AB 32 raised fuel prices by 5% but failed to reduce emissions as wildfires canceled decades of progress.