Cap-and-Trade
Streetsblog California
CA Legislature Passes Cap & Trade Bill; Questions Remain
California reauthorized its cap-and-trade program aimed at reducing greenhouse gas emissions. It's a landmark victory and a rare bipartisan accord; it brings some certainty to California climate change policy-- and it leaves a lot of open questions.
July 18, 2017
Vote on Cap-and-Trade Bills Postponed to “Allow Discussion”
Governor Brown is pushing hard to pass two bills that would reauthorize California's cap-and-trade system, but proponents of strong climate change policies say that the legislative package could seriously undermine those efforts.
July 12, 2017
Appeals Court Rules That Cap-and-Trade Is Not a Tax
The court ruled that California's cap-and-trade system involves voluntary participation and the purchase of a commodity with value—neither of which are “the hallmarks of a tax.”
April 7, 2017
Report: What California Is Getting From Cap-and-Trade Investments
This report on cap-and-trade investments should satisfy legislative demands to know where all that money is going and what benefits California is getting from climate investments. It describes the programs being funded, how much those programs are reducing greenhouse gases, and what other benefits the state is getting from its investments.
March 15, 2017
What Are California’s Real Priorities?
Everyone agrees that transportation investment is needed. But the talk is too much about how to get the money, not enough on how best to spend the money.
March 1, 2017
CARB Considers Alternatives to Cap-and-Trade
The California Air Resources Board will postpone its decision on strategies to meet 2030 greenhouse gas reduction targets until June. Staff presented a proposed alternative to cap-and-trade that at least one listener called a "straw man."
February 16, 2017
Workshops Will Help Define Which Communities Get Cap-and-Trade Funds
State law requires a certain portion of California's cap-and-trade money go to communities that have traditionally been overlooked when it comes to public investment. Public workshops this week and next will continue exploring the question of how the state should define "disadvantaged communities" as well as how to assess benefits to those communities.
February 1, 2017
Legislative Update: Cap-and-Trade to Get a Hearing
Two Democratic Assemblymembers got the ball rolling on settling the future of California's cap-and-trade program by introducing A.B. 151 yesterday. The bill would authorize the California Air Resources Board “to utilize a market-based compliance mechanism” to reduce greenhouse gases after 2020, when the current Global Warming Solutions Act expires.
January 13, 2017
Brown Proposes $1 Billion for Active Transportation Program over Ten Years
In the first step of the budget process for 2017-2018, Governor Brown proposed a budget that shows fiscal restraint--and includes money for the Active Transportation Program.
January 11, 2017
CA Air Resources Board Releases Draft Plan for Extending Emission Targets
The California Air Resources Board thinks that cap-and-trade is the best way to reach greenhouse gas emission reduction targets set by the state, and is formulating a plan to extend it beyond 2020.
December 2, 2016
