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Posts Tagged ‘cap and trade’

Last week brought more silver linings to California amidst the gathering storm clouds of the Trumpocalypse, as demand rebounded for cap-and-trade permits: Demand for California pollution permits rebounded in the latest carbon auction after plummeting earlier this year, state officials said Tuesday. Still, the permits did not sell out, heightening uncertainty about the program’s future. […]

Nov 27th, 2016 | Filed under Uncategorized

This isn’t the deal to extend cap-and-trade, but it may help achieve it: Governor Jerry Brown and legislative leaders reached a deal on how to spend $900 million in cap-and-trade revenues. From the governor’s office comes this list: -$368 million to the Air Resources Board, including: -$133 million to the Clean Vehicle Rebate Program. -$80 […]

Aug 31st, 2016 | Filed under Uncategorized

It’s a big day for cap-and-trade. First, the good news: SB 32, which would extend the state’s CO2 reduction mandate to 2030, finally passed the assembly. Unfortunately, the legislature did not agree to include specific language extending cap-and-trade: After an intense floor debate, a bill extending California’s greenhouse gas emission targets squeaked by in the […]

Aug 23rd, 2016 | Filed under Uncategorized

The news out of Sacramento is growing more ominous, as oil companies continue to make their demands regarding California’s strategy to tackle the climate crisis. As a result, it doesn’t look there will be any action in the legislature this month: California’s current greenhouse gas reduction mandate is set to expire in 2020. So is […]

Aug 4th, 2016 | Filed under Uncategorized