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Cap-and-trade is failing to provide adequate funding to California farmers

Photo by Karen Preuss

by Nicole Pollock, Inside Climate News Highlights Due to a decrease in revenue from California’s cap and trade program, many agriculture-based climate programs may receive funding cuts or no funding at all The cap and trade program typically makes $600 million and $800 million from major polluters in the state through allowance auctions, but due … Read more

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California is re-evaluating cap and trade

by Rachel Becker, CalMatters Highlights California has relied on its carbon cap and trade program to dramatically reduce greenhouse gas (GHG) emissions in the state. Many believe this policy is not strong enough to reduce emissions to 40% below 1990 levels and now the state must decide if it will reform the program. California was … Read more

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Governor Gavin’s chance to become a climate dividends hero

by Mike Sandler, co-founder of The Climate Center With Federal climate action stalled for years, climate activists have looked to California to lead the way.  And California has in many ways, including by adopting the most ambitious multi-sector GHG cap in the country and an economywide carbon price, the first and still only one in … Read more

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More groups line up in support for Senate Cap and Trade bill

Wieckowski’s SB 775 would create a post-2020 framework to meet California’s strict 2030 limits Sacramento – A growing number of statewide and regional organizations in California, representing thousands of members, are lining up in support of SB 775, the Cap and Trade bill unveiled last month by Senator Bob Wieckowski and Senate President Pro Tem … Read more

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The Case for Cap and Dividend

by Meghan Demeter  |   September 1, 2015 California has long been at the forefront of climate protection, and the state has been something of a testing ground for environmental and energy legislation. We’ve experienced both successes and failures, and can learn valuable lessons from both. The State has already allocated $1.4 billion in auction … Read more

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Business Groups on Both Sides

Last week, Mary Nichols, Chair of the California Air Resources Board, told the California Manufacturers & Technology Association, Western States Petroleum Association, and the California Chamber of Commerce: “Join the many hundreds of businesses that are investing in the fight against climate change instead of fighting AB32.” They fought the original legislation for California greenhouse … Read more