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Cap-and-trade deal reached, heads to Gov. Brown for approval

Gov. Jerry Brown and legislators reached an agreement on Wednesday on what to do with around a billion dollars of cap-and-trade revenue. The deal was announced earlier in the day and was approved by dinner after a longstanding battle between legislative

Poor cap-and-trade revenues batter bullet train budget

James Poulos May 26, 2016

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

CA pollution credits may expand to troubled Brazil

Chris Reed May 11, 2016

In late 2012, as officials with the California Air Resources Board were refining rules for the state’s nascent cap-and-trade pollution rights program, a huge scandal was unfolding in the European Union. Five Deutsche Bank AG officials were arrested for their

New reports shine light on opaque carbon tax program

Matt Fleming April 8, 2016

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

Solar plant nearly forced to buy carbon emission rights

Chris Reed November 18, 2015

The giant $2.2 billion Ivanpah solar plant off Interstate 15 just west of the California-Nevada border has apparently won its fight with state regulators and won’t be classified as a heavy polluter that is required to buy carbon-emissions rights in

Money and costs become central theme of cap and trade

Joel Fox June 9, 2015

When discussing California’s landmark cap-and-trade legislation set up to pay for carbon emissions, there is more conversation about money than there is about climate change. How much will the program cost? How will the money be spent? How will the

Studies show tradeoffs on health vs. environment

Wayne Lusvardi March 27, 2015

Two new studies show cleaning the environment to improve health is about tradeoffs. One study is on clean-air regulations, the other on diesel truck exhausts. The studies give policymakers more information on the choices they will be making. The first

Alternative fuel companies cheer, oil industry questions CA carbon regulations

Dave Roberts March 12, 2015

The California Air Resources Board’s plan to renew the Low Carbon Fuel Standard elicited cheers at a recent Board meeting from its main beneficiary: alternative fuel companies. More lukewarm was the petroleum industry, which could lose billions of dollars as it transitions

Some crucial context on Brown’s new energy policy and AB 32

Chris Reed January 12, 2015

Gov. Jerry Brown’s decision to seek to extend the state of California’s push against global warming to 2030 with a further embrace of costlier-but-cleaner energy got a positive response from many environmental groups and journalists. The idea that California would

CARB draws sharp fire on AB 32 — from the left

Chris Reed December 29, 2014

David Roberts — a Grist.org journalist who has an easy command of energy issues that makes his NRDC-style environmentalism easier to take — has written a sharp piece about AB 32. Roberts details what he calls an “avoidable mess” in the