Tag "California Senate Bill 535"

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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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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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