Search Results for "CARB cap and trade"

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LAO questions legality of plan to use cap-and-trade $ on bullet train

The governor’s just-released 2014-15  budget proposes to spend $850 million from cap-and-trade auction revenue on various projects — including the state’s high-speed rail project. That would defy the very purpose of cap-and-trade. In a new report on the spending plan,

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CARB update: Powers expanding beyond AB32

Irish wit Oscar Wilde once quipped, “The bureaucracy is expanding to meet the needs of the expanding bureaucracy.” He died in 1900, but he would have recognized the California Air Resources Board. Under AB32, the Global Warming Solutions Act of

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Is the Golden State the greenest and fairest of them all?

  How To Get Your Ex Back Over Text Is California the greenest and fairest state when it comes to clean fuel standard regulations? No on both counts, contended the Wall Street Journal in a recent editorial, “California’s Green Trade

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$5 gas in CA? Lack of cap-and-trade price ceiling could bring it

At its October 24-25 board meeting, the California Air Resources Board will reconsider its “Market Based Compliance Mechanisms,” meaning its cap-and-trade program. The program “caps” greenhouse emissions, and has “traded” them in quarterly auctions over the past year. But many

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Why CA carbon auction and overall AB 32 approach are doomed

This month marks the seventh anniversary of Arnold Schwarzenegger signing AB 32 amid an orgy of self-congratulation over this alleged environmental landmark. Ever since then, I’ve written regularly about the basic flaw of AB 32: reducing the emissions believed to

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Cap and trade could tax cities for out-of-state pollution

May 24, 2013 By Wayne Lusvardi Utility companies reportedly bought most of the $280 million in total pollution permits, about $162 million worth, at last week’s statewide cap-and-trade auction. It was the third auction held since last November. Several city-run municipal power

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U.N. and CA environmental activists push agendas

April 1, 2013 By Warren Duffy In 2009, President Obama was preparing to attend a U.N. Conference in Copenhagen. The conference subject matter was “Climate Change.” That was a switch. The phrase replaced “Global Warming” as the U.N.’s primary environmental

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AB 245 would shine light on cap-and-trade auctions

March 29, 2013 By Warren Duffy AB 245 is a bill that would reverse the secrecy that currently exists around the cap-and-trade auctions of the California Air Resources Board. As CalWatchdog.com reported last August, the Legislature “nixed” proposals to mandate accountability under Sections

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Radicalness of CARB’s long-term plans comes into focus

March 20, 2013 By Katy Grimes SACRAMENTO — While the California Air Resources Board continues to forge ahead like a blind bull in a china shop with its far-reaching climate change plan, the extent of the destruction that could result

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Cap and trade shifts from cutting smog to shifting wealth

March 17, 2013 By Wayne Lusvardi California is  subtly shifting the spending goals of its cap-and-trade taxes from reducing air pollution to reducing the “urban heat island effect.”  In so doing, it believes it has found a green justification finally

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