While the revised business plan did shave off $30 billion, there remains a $55 billion funding shortfall. Dependent on federal and private funds that may never appear, could revenue from the sale of carbon credits bridge the funding gap?
Apr 7, 2012 San Jose Mercury News
Environmental justice advocates have been able to do in court what oil companies unsuccessfully attempted at the polls in November: deal a severe blow, if only temporarily, to CA's landmark climate law AB 32 by challenging the cap & trade provision.
Mar 24, 2011 San Francisco Chronicle
CA Air Resources Board announced some of the important elements of the carbon trading scheme they developed for the 500 largest stationary emitters in the state. Of course, if Proposition 23 should pass on Nov. 2, forgetaboutit!
Nov 1, 2010 The Sacramento Bee
In the first major study of how the Senate climate legislation would affect the economy, a non-partisan think tank indicated it would create new jobs and reduce American reliance on oil and coal while increasing usage of both nuclear and renewables.
May 23, 2010 Greenwire via The New York Times - Energy & Environment
Having stalled in the state Senate last June, a bill that aims to "reduc(e) governmental or government-required subsidies for parking" passed out of the senate on Jan. 28. Parking strategies would be eligible for cap & trade credits under the bill.
Jan 30, 2010 Los Angeles Times
While the Comedy Show's Jon Stewart can't get too excited about "Cap & Trade", Secretary of Energy, Steven Chu, does his best to explain the importance of the Waxman-Markey climate legislation to him.
Jul 23, 2009 The Daily Show
Cap and trade is the topic du jour in climate change circles. A new report from CCAP makes the economic case for using those revenues to promote smart growth that reduces transportation emissions though VMT reductions.
Jun 24, 2009 Center for Clean Air Policy Press Release