California’s signature environmental program is in jeopardy, creating a ripple effect that places the state’s entire climate plan at risk Since the passage of the Global Warming Solutions Act of 2006 (AB 32), California has implemented a number of measures to reduce greenhouse gas emissions, the most ambitious being cap and trade. Heavily influenced by a similar […]
Tag: cap-and-trade
Governor Brown’s New Budget Outlines His Vision for the Future
Last week, California governor Jerry Brown unveiled his budget for the new fiscal year. As specified by the passage of Proposition 2 on the November ballot, Brown put $1.2 billion into a rainy day fund while paying down the same amount of the state debt and addressing other obligations that Brown says the state needs […]
Cap-and-Trade in the Golden State
California’s cap-and-trade system is a policy that prevents the escalation of global warming and reduces health risks related to pollution by setting a limit on the amount of greenhouse gases emissions. The cap-and-trade policy has two components. The “cap” refers to the legal amount of greenhouse gases that can be emitted in one region, lowering […]