California Legislature Votes to Extend Controversial Cap and Trade Law

SACRAMENTO (AP) – California lawmakers voted Monday to extend a climate change initiative that Gov. Jerry Brown holds as a model for states and nations looking to lower carbon emissions. Brown’s signature will add another decade of life to the state’s cap-and-trade program, bolstering the Democratic governor’s quest to portray California as a leader in […]

California lawmakers to decide fate of landmark climate law

SACRAMENTO, Calif. (AP) — California lawmakers are nearing a high-stakes decision that will decide the fate of a climate initiative that Gov. Jerry Brown holds up as a model to be replicated around the world to confront rising global temperatures. The vote Monday on whether to give another decade of life to California’s cap-and-trade program […]

Lawmakers Question Effectiveness of Cap-And-Trade Program

(CBM) – California’s cap-and-trade program is under scrutiny from state lawmakers who are concerned revenue collected from the program isn’t finding its way to disadvantaged communities. The program, signed into law by Governor Arnold Schwarzenegger in 2006 as part of California s landmark environmental bill AB 32, is supposed to help lower harmful greenhouse gas […]

Calif. Set to Officially Launch “Cap-and-Trade”

SAN FRANCISCO – California’s largest greenhouse gas emitters will begin buying permits in a landmark “cap-and-trade” system designed to control emissions of heat-trapping gases and to spur investment in clean technologies. The program is the most wide-ranging of its kind in the nation and a key part of California’s 2006 climate-change law that dictates standards […]