| Press Release

New report reveals California funneled $28 billion to corporate polluters via carbon trading programs

Webinar on February 19 will unpack findings and explore policy solutions

SACRAMENTO — California’s carbon trading programs funneled $27.8 billion to oil companies and biofuel suppliers from 2013 to 2024, according to a new report from The Climate Center released today. The report, Clearing the Zero-Emission Path: A Review of Financial Transfers to Polluting Fuels via California Carbon Trading Programs, finds the combined value of free … Read more

| Report

Clearing the Zero-Emission Path

A review of financial transfers to polluting fuels via California carbon trading programs

This report reveals how California’s carbon trading programs funneled $27.8 billion to oil companies and biofuel suppliers from 2013 to 2024.  Both the Cap and Trade program and the Low Carbon Fuel Standard have the stated purpose of reducing greenhouse gas emissions and helping California meet its statutory climate goals. In reality, our analysis shows … Read more

| Report

Carbon Dioxide Removal in California

A practical guide for policymakers and the public

Forest. Photo via Canva.

California is entering a pivotal moment in its fight against the climate crisis, one that demands not only accelerating the reduction of greenhouse gas emissions, but also confronting carbon pollution left behind since the Industrial Revolution. These long-lived legacy emissions will continue to impact the climate, even when society has successfully decarbonized across sectors. The … Read more

| Press Release

Governor Newsom vetoes bill to expand virtual power plants – The Climate Center response

SACRAMENTO, October 6, 2025 — Late on Friday, October 3, 2025, Governor Newsom vetoed AB 740 (Harabedian), co-sponsored by The Climate Center, Advanced Energy United, and Environment California.  The bill would have accelerated the use of virtual power plants (VPPs), which are networks of clean, distributed energy resources like smart thermostats, home batteries, rooftop solar, … Read more

| Blog Post

Pooja Agarwal joins The Climate Center as the Community Energy Resilience Policy Manager

Pooja Agarwal

My introduction to climate work started with a pretty eye-opening discovery in my middle school cafeteria. As part of our sixth-grade service learning project, my classmates and I had to identify a problem impacting our public school and come up with a solution. My team and I figured we’d tackle something environmental — we had … Read more

| Blog Post

The ‘drill, baby, drill’ agenda arrives in California

Activists with Greenpeace, Oil & Gas Action Network and Regenerating Paradise gather at a burn scar site in the North Complex Fire urging Governor Newsom to take immediate action to phase out fossil fuels and end neighborhood drilling.

Just one year ago, fossil fuel corporations were forced to withdraw a California ballot measure that would have canceled public health protections for communities near oil and gas drilling operations. Today, those same corporations are fighting back with a vengeance, laying the groundwork to expand drilling on land and at sea in California.   Since losing … Read more

| Blog Post

Testimony: Virtual Power Plants can deliver clean and cheap electricity

On July 15, 2025, the California Senate Energy, Utilities, and Communications Committee voted to advance AB 740 (Harabedian), a bill to scale up the use of virtual power plants (VPPs) in California. VPPs are networks of clean, distributed energy resources like smart thermostats, home batteries, smart plugs, electric water heaters, and electric vehicles. When aggregated, … Read more