In 2008, California voters approved the country's only true HSR project with a travel time of 2 hours, 40 minutes from L.A. to San Francisco. Anything more than that might cause legislators to balk at proposed cap-and-trade funding for the train.
Mar 31, 2014 Los Angeles Times
On Wednesday, backers of California's embattled $68 HSR project were grilled by the chairman of the House Transportation and Infrastructure Subcommittee on Railroads, Pipelines, and Hazardous Materials, Jeff Denham (R-Turlock), who wants to kill it.
Jan 17, 2014 The Fresno Bee
California's embattled high speed rail, which appears to be on life support following a Nov. court ruling, will receive funds from the state's carbon cap & trade program in Gov. Brown's budget to be released Friday. But will it make a difference?
Jan 7, 2014 The Sacramento Bee - Capitol Alert
With Pa.'s Republican governor signing a dramatic gas tax increase bill on Monday, will Washington state follow in their footsteps in forging a bipartisan deal between the Republicans who control the Senate and the Democrat majority in the House?
Nov 26, 2013 The Seattle Times
California's second auction saw a 35% increase in the price paid for a carbon pollution permit to $13.62, while prices at the much larger European market continue to fall and permits go unsold. The price there recently fell to $6.46.
Feb 25, 2013 Bloomberg News
Finding the right price for carbon is no easy task. It needs to be high enough to encourage industries to reduce their emissions, but not too high so as to cause them to move out-of-state or make them uncompetitive with non-California competitors.
Dec 30, 2012 The New York Times - Business Day - Energy & Environment
Dr. James Hansen was awarded the prestigious Stephen H. Schneider climate award at the Commonwealth Club in S.F. on Dec. 4 and chose to trash CA's landmark cap-and-trade program, preferring a 'simple, clean carbon tax'. Gov. Brown was attending.
Dec 8, 2012 San Francisco Chronicle
It's official - for large industrial sources in California, the cost for emitting a ton of carbon dioxide or equivalent is $10.09 - nine cents above the minimum price set by the Air Board. That was the price paid at the first auction on Nov. 14.
Nov 21, 2012 San Jose Mercury News
California residential utility customers will receive a 'climate dividend', about $30 twice a year as part of the nation's first comprehensive 'cap & trade' program if the CA Public Utility Commission accepts a staff proposal at its Dec. 20 meeting,
Nov 20, 2012 San Francisco Chronicle
California's climate law reached a milestone on Nov. 14 when the state auctioned its first carbon credits in the 'Cap & Trade' provision of the bill. But that didn't stop the CA Chamber of Commerce from filing suit against this provision of the law.
Nov 15, 2012 The Sacramento Bee - Business