Posts Tagged ‘AB 32’

The Public Policy Institute of California is out with a new poll that found strong support for AB 32, for cap-and-trade, and for other actions to tackle climate change – even if those actions aren’t cheap: Ten years after California enacted AB 32, the landmark law mandating the reduction of greenhouse gas emissions, strong majorities […]

Jul 28th, 2016 | Filed under Uncategorized

Ever since the weak May auction for California’s cap-and-trade permits, the discussion in Sacramento about how to save and extend the program has gone into overdrive. First, a quick refresher. There is some debate about whether the cap-and-trade system needs new legislation to continue operating beyond 2020 – and whether that new legislation requires a […]

Jul 12th, 2016 | Filed under Uncategorized

Last week the California Air Resources Board held an auction of carbon emission permits under the cap-and-trade system established in 2006 by AB 32. It did not go well. Only about a tenth of the available pollution credits were sold in an auction last week, according to results released Wednesday by the California Air Resources […]

May 28th, 2016 | Filed under Uncategorized

Well this is some nonsense. Governor Jerry Brown has called a special session to deal with the state’s enormous road maintenance backlog, estimated at $59 billion. The nonsensical part: two Kern County legislators want to raid the cap-and-trade funds to help pay for roads. And it’s a deliberate attack on high speed rail: Two local […]

Jul 1st, 2015 | Filed under Uncategorized