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A set of laws Gov. Gavin Newsom signed today extends California clean-energy programs while taking steps to shore up oil and gas production. It also opens the door to a Western energy grid.
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California lawmakers passed a six-bill climate and energy package extending cap and trade to 2045, expanding the state’s wildfire fund, approving new oil drilling, and opening the door to a regional power market.
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After weeks of tense and messy negotiations, California’s legislative leaders finally released several proposals that range from expanding domestic crude oil production to lowering electricity rates. But the biggest barrier was the reauthorization of the state’s cap and trade program.
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California lawmakers are rushing to extend the state’s landmark cap-and-trade climate program through 2045 amid opposition from unions and industry.
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The surprising development dredges up debate on a topic that once inspired multiple Republican walkouts.
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A new analysis concludes that unless California almost triples its rate of cutting greenhouse gases, the state won’t meet its 2030 climate change target. Some emissions were rising.
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In a repeat of last year’s criticism, legislators were told there’s “a very real risk” the cap-and-trade program won’t meet California’s greenhouse gas goals. The state air board is revising the program.
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Cap-and-trade legislation is among the items topping Oregon’s agenda during this year’s legislative session. But like last year’s bill, which led to…
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Cap and trade. Simple phrase, but a loaded one in political circles. The idea is a cap on carbon emissions, payments by emitters going above a certain…