Three bills at the top of the Democratic leadership's housing agenda will have little impact on the state's chronic housing shortage according to multiple analyses, and wouldn't affect the outcome of a Bay Area mega-development controversy.
Gov. Jerry Brown, accompanied by former Gov. Arnold Schwarzenegger, signed legislation to continue the cap-and-trade program initially authorized under a bill signed by his Republican predecessor 11 years ago at the same Treasure Island location.
Caling the upcoming vote on AB 398, which has created strange political bedfellows, "the most important vote of your life," Gov. Jerry Brown cast the decision as choosing between "massive new regulations" and market-based mechanisms.
An earlier announcement awarded almost $400 million to transit agencies, but left a larger chunk of these funds still unsettled. On Wednesday, leaders agreed on a $900 million expenditure plan to cut emissions and address social concerns.
Office of Governor Edmund G. Brown Jr. (California)
Legislation to reauthorize the California Global Warming Solutions Act of 2006 is in peril due to 'a powerful bloc of business-friendly Democrats' who are uneasy about its impact on businesses, particularly Big Oil, due to higher energy costs.