Tag "cap-and-trade"

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Cap-and-trade carbon tax showdown looms

  Despite years of success in doing what it was supposed to do — cut emission levels — California’s controversial cap-and-trade system has run up against opposition that could be strong enough to sink it. But with nothing to lose

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CalWatchdog Morning Read – June 14

Lawmakers look to increase gun restrictions, but will that work? Car tax increase Climate agenda going up in smoke? Lawmakers to redefine rape Gut and amend on ballot measures? Good morning and happy Tuesday! In the wake of the tragic

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Poor cap-and-trade revenues batter bullet train budget

  In yet another blow to California’s besieged bullet train, revenues from this year’s cap-and-trade carbon credit auction fell drastically below the state’s goals, triggering a selloff that left analysts unsure of the system’s long-term viability. “The results of last week’s

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CalWatchdog Morning Read – May 26

  Clinton, Sanders tied in CA, both lead Trump San Jose Senate race splits Democrats Cap-and-trade credits ain’t selling High-speed rail behind schedule, short on funding Presidential circus Good morning! Happy Thursday. Hillary Clinton and Bernie Sanders are virtually tied

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Legislature challenges legality of Brown’s greenhouse gas emissions order

When Gov. Jerry Brown issued an executive order a year ago this week establishing even more ambitious targets for reducing greenhouse gas emissions by 2030, the action won broad applause from Democrats who support his aggressive agenda targeting climate change.

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New reports shine light on opaque carbon tax program

As fast as California drivers will spend an extra $2 billion at the pump this year to fund the controversial cap-and-trade program, state lawmakers are finding ways to use it, according to two reports released Thursday. Cap and trade was implemented by a state regulatory

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Brown debuts 2016-17 budget

More permanent state spending would be devastating to California, Gov. Jerry Brown announced — at least in the midst of another recession. Unveiling his budget for the new fiscal year, Brown flourished a chart bearing that warning, although the proposal

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CA delegates bring big agenda to climate talks

With an outsized delegation from California in attendance, the United Nations Conference on Climate Change began its work toward what environmentalists expect will be a significant new framework for policy. Although “it remains to be seen whether the gathering of

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Brown may seek new tax increases on 2016 ballot

California lawmakers have left Gov. Jerry Brown in the lurch. That was Brown’s judgment of the Legislature’s performance, which has left his administration with substantial unfinished business heading into the election year. The consequence may be a fresh round of

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Legislators propose differing plans to fund state-wide highway repair

  There is consensus that California’s roads and highways must be fixed. There is no consensus how the fix should be paid for. A Special Session legislative meeting Friday was called a first step in finding agreement to the funding problem.

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