Cap-and-Trade
Streetsblog California
Cap-and-Trade May Not Be Working
At last week's California Air Resources Board hearing to discuss its plan for meeting climate change goals, the cap-and-trade system that has underpinned much of the state's efforts got raked over the coals. But not by the industries subject to the emissions cap.
September 26, 2016
Report: For Best Results, Address Equity and Climate Change Together
California Governor Jerry Brown just signed major new climate change legislation, and people will be grappling for a while with what the new laws will mean on the ground—and how California will be able to achieve its new greenhouse gas reduction targets. Tomorrow, several state agencies will be tackling the question of how to reach those targets in the transportation sector—Streetsblog will have more coverage of that later.
September 13, 2016
Governor Brown Signs Legislation Extending CA Climate Change Targets
In a signing ceremony at Vista Hermosa Park in Los Angeles today, Governor Jerry Brown signed legislation extending state climate change targets through at least 2030. The governor was joined by key legislators who shepherded the legislation's approval. These included Senate President Pro Tempore Kevin De Leon, Assembly Speaker Anthony Rendon, Senator Fran Pavley, Assemblymember Eduardo Garcia, Senator Ricardo Lara, and assemblymembers Reggie Jones-Sawyer, Jimmy Gomez, Richard Bloom, and Matt Dababneh.
September 8, 2016
Legislative Update: Climate Change, Cap and Trade, Fare Evasion
GREENHOUSE GAS TARGETS
August 23, 2016
OC Streetcar Project Awarded $28 Million in Cap-and-Trade Funds
The OC Streetcar Project, the expected first of its kind in Orange County, was awarded $28 million last week as part of California's Transit and Intercity Rail Capital Program, which is funded by the state's cap-and-trade program.
The California State Transportation Agency (CalSTA) administers the TIRCP, which seeks to reduce statewide greenhouse gas emissions through rail and transit capital investments. The TIRCP awards totaled $390 million statewide--see Streetsblog coverage here.
August 23, 2016
CA Awards $390 Million in Cap-and-Trade Funding for Transit Capital
This week, the California State Transportation Agency (CalSTA) announced the recipients of its Transit and Intercity Capital Program (TIRCP) grants. TIRCP distributes state cap-and-trade funding to local transit agencies for projects that will reduce greenhouse gas emissions. The TIRCP awards total $390 million statewide.
August 19, 2016
California Senate Proposal for Cap-and-Trade Revenues Focuses on Equity
The Senate released a spending plan for the unallocated portion of cap-and-trade revenues today, in the form of Assembly Bill 1613. The plan, say Senate leaders and advocates, focuses on environmental equity while supporting projects that will reduce greenhouse gases.
August 17, 2016
Environmental Justice Committee Seeks Input on Climate Change Plan
California's Global Warming Solutions Act, passed in 2006, opened the door for cap and trade, which among other things collects revenue to be invested in reducing emissions. The bill, A.B. 32, also created an Environmental Justice Advisory Committee to help the state spend those revenues equitably.
July 20, 2016
Bike-Share Can Get State Funding to Reach Low-Income Communities
At its meeting a few weeks ago, the California Air Resources Board (CARB) agreed to include bike-share in its Car Sharing and Mobility Options pilot program. That means that areas that are figuring out how to get bike-share into low income areas now have a new funding option.
July 14, 2016