Never far from controversy or criticism during its four-year history, California’s market-based, multi-billion-dollar cap-and-trade auction was upheld on a 2-1 vote of a state appellate court in Sacramento on Thursday.
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California to Pinch Pennies, Resist Climate Change Cutbacks, Says Brown
California Gov. Jerry Brown on Tuesday reiterated the state’s support for aggressive climate change, including a multi-billion-dollar cap-and-trade program, while preaching the need for prudence and “rainy day” funds in the face of uncertainties about the budget and incoming Trump administration.
California Governor, Oil/Gas Industry In Discussions on Climate Change
California Gov. Jerry Brown and oil companies are in discussions on extending the state’s precedent-setting climate change-related programs, which impact the oil/natural gas industry significantly.
California Climate Law on Track, State Officials Say
With the energy sector and methane squarely in the sights of state regulators, California is on track to meet its greenhouse gas (GHG) emissions reduction targets by 2020, and it is revising plans to set more challenging reduction targets for 2030, state officials said earlier this month. The goal is to reduce emissions to 1990 levels by 2020.