Cap-and-Trade

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.
6 days ago   KQED: California Report
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.
Aug 3, 2015   The Guardian
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.
Jul 6, 2015   PR Newswire
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.
Jun 22, 2015   San Francisco Chronicle
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 19, 2015   San Francisco Chronicle
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.
May 17, 2015   San Jose Mercury News
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.
Apr 17, 2015   The Globe and Mail
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.
Mar 12, 2015   Capitol Weekly
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.
Mar 3, 2015   The Sacramento Bee
The Republican chair of the Senate Transportation Committee is considering an 11.5-cent gas tax increase, setting up a potential conflict with Gov. Jay Inslee's preference to apply a carbon charge to industrial emissions to fund transportation.
Feb 4, 2015   KUOW
The innovative revenue stream known as California's cap-and-trade program is ready to take action by funding affordable housing projects.
Jan 24, 2015   LA.Streetsblog