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
With federal and state environmental clearance and with funds allocated, the main obstacle to laying track in the Fresno-Merced route is an environmental lawsuit to be be heard April, 2013. Two county farm bureaus ask that work cease until then.
Oct 8, 2012 Merced Sun-Star