2 days ago
'Huge' is an understatement. Revenues were less than 2 percent of what was forecasted. The uncertainty of the continuance of the program may be responsible. The plummet in revenues to high-speed rail adds to uncertainty of the $64 billion project.
April 23, 2016, 5am PDT
On Earth Day, NPR looked at the intersection of the Paris Climate Agreement, which Secretary of State John Kerry signed at the U.N. on Friday, and President Obama's Clean Power Plan which has been given a pause by the Supreme Court.
March 30, 2016, 12pm PDT
Uncertainty as to whether cap-and-trade funding would continue past 2020 and opposition to the initial operating segment leaving out the city of Merced were two issues that arose during a Assembly Transportation Committee hearing of the plan.
March 22, 2016, 10am PDT
The South Coast Air Quality Management District is in the news again, this time for going too easy on the region's big polluters—just what staff had warned would happen before the board fired its well-respected executive director.
March 21, 2016, 7am PDT
Don't tell that to the 18,000 residents of Shafter. However, the Legislative Analyst's Office made clear in its March 17 report that it questioned having the southern end of the first operating segment located "in an unpopulated agricultural area."
Silicon Valley Business Journal
March 7, 2016, 6am PST
Having lost at the California Supreme Court, Big Oil will take their battle against California's Low Carbon Fuel Standard to the legislature with influential lobbyists.
February 8, 2016, 7am PST
With the two Democrat candidates debating who is the real progressive, it would be interesting to see how they would respond, if asked, about President Obama's proposed $10-per-barrel fee to fund a 21st Century Clean Transportation System.
January 21, 2016, 11am PST
Despite continued dispute over their effectiveness, carbon taxes and cap-and-trade programs in the United States and Canada have raised billions of dollars. And China has now followed suit.
November 25, 2015, 5am PST
Alberta Premier Rachel Notley announced a transformative three-pronged climate protection plan on November 22 that will cap greenhouse gas emissions from oil sands development, add a carbon tax, and phase-out coal power plants.
September 26, 2015, 5am PDT
President Xi Jinping announced a landmark commitment on Sept. 25 to commence a cap-and-trade program in 2017, going further than the U.S. to limit emissions.
The New York Times - Asia Pacific
September 5, 2015, 1pm PDT
With five days left in the legislative season, Gov. Jerry Brown halved the fuels tax increases proposed in the Democratic bill as a sweetener to tax-averse Republicans, though they haven't show any willingness to date to compromise.
August 21, 2015, 7am PDT
California industries are buying offsets in lieu of purchasing carbon allowances or reducing carbon emissions, and most of the offsets are spent out-of-state, assisting the recipients economically as well as reducing greenhouse gas emissions.
August 3, 2015, 2pm PDT
Just over a year ago President Obama's draft Clean Power Plan was unveiled. That proposal has been finalized and the president promoted it at a press event on Monday. The final rule is both stronger and more lenient that the original proposal.
July 6, 2015, 6am PDT
On June 29, the California Strategic Growth Council awarded $121.9 million in Greenhouse Gas Reduction Funds to help build 28 affordable housing developments on major transit lines. Funding originates from proceeds of the cap-and-trade market.
June 22, 2015, 6am PDT
Governments must take correction actions to address climate change, warned Pope Francis in his June 18 encyclical, but cap-and-trade, which places a price on carbon emissions but can lead to speculation, is not one of them.
May 19, 2015, 11am PDT
California's economy is not only the "least carbon-intensive" in the United States, it's the second lowest in the world when measured per economic output, according to a new study that evaluates economics and environment.
May 17, 2015, 7am PDT
A short term increase in spending hides California's annual structural deficit of almost $6 billion—money needed to maintain the state's roads and bridges.
April 17, 2015, 6am PDT
Ontario Premier Kathleen Wynne made a strong case for taking decisive climate change action when she signed an historic agreement to join the Quebec program that trades carbon with California.
March 12, 2015, 9am PDT
California's landmark climate legislation, AB 32, ends in five years; i.e., the target year for emissions reduction is 2020, after which there will be no comparable legislation targeting a future year. SB 32 sets emission reduction goals for 2050.
March 3, 2015, 9am PST
California's cap-and-trade market saw its largest carbon sale, $1.02 billion, thanks to millions of motorists now paying about a dime a gallon for the right to emit carbon for the first time since the program began in November 2012.