Donate

Tag: cap and trade

PG&E Ratepayers Will See $30-40 Climate Credit on April Bill

April 2, 2014 | 1:55 pm

PG&E Ratepayers Will See $30-40 Climate Credit on April Bill

Posted by

Power companies will be paying $750 million in rebates to consumers under cap-and-trade program.

Continue Reading

Court Rejects Challenge to California’s Cap-and-Trade System

November 14, 2013 | 6:16 pm

Court Rejects Challenge to California’s Cap-and-Trade System

Posted by

State’s auction of permits to power plants, factories and businesses limits greenhouse gas emissions.

Continue Reading

California Owes Itself $4.6 Billion

July 24, 2013 | 11:25 am

California Owes Itself $4.6 Billion

Posted by

Gov. Jerry Brown has made paying off California’s $27 billion “wall of debt” a top priority. But one of the largest creditors that the state owes money to is actually itself. A report released last week by the Department of Finance shows 132 loans taken out from special government funds over the past decade add […]

Continue Reading

Nuclear Shutdown Means More Greenhouse Gas Emissions

July 10, 2013 | 5:01 pm

Nuclear Shutdown Means More Greenhouse Gas Emissions

Posted by

Officials at Southern California energy utilities say they have the power they need to weather the permanent closure of the San Onofre Nuclear Generating Station. But the decision to shut down a plant that provided about a fifth of San Diego and southern Orange County’s power is leading to other challenges: an increase in greenhouse […]

Continue Reading

Enviro Groups Slam Budget’s Cap-And-Trade Funds Diversion

June 12, 2013 | 6:00 am

Enviro Groups Slam Budget’s Cap-And-Trade Funds Diversion

Posted by

The budget deal finalized by Gov. Jerry Brown and legislative leaders Monday night borrows $500 million from California’s cap-and-trade auction revenues, as Brown proposed last month. That’s bad news to environmental groups. California League of Conservation Voters CEO said in a statement that the funds grab was “a particular insult to voters.” Bill Magavern, policy […]

Continue Reading

Governor’s Budget Move on Cap-and-Trade Angers Environmentalists

May 24, 2013 | 8:33 am

Governor’s Budget Move on Cap-and-Trade Angers Environmentalists

Posted by

Governor Jerry Brown has spent a lot of energy focusing on the dangers of climate change lately. Speaking to a group of scientists Thursday, he warned, “it’s over” in five years, unless the world steps up efforts to reduce the carbon dioxide emissions that are warming the atmosphere. But while Brown is preaching action on […]

Continue Reading

Enviros Livid as Brown Diverts Cap-and-Trade Funds

May 14, 2013 | 5:25 pm

Enviros Livid as Brown Diverts Cap-and-Trade Funds

Posted by

“Totally disappointed.” That was Kathryn Phillips’ reaction when she read the fine print in Gov. Jerry Brown’s revised budget. Phillips, state director for the Sierra Club, is one of a chorus of voices from the environmental community howling over Brown’s decision to divert revenue from the state’s cap-and-trade program into the general fund — temporarily, […]

Continue Reading

New Lawsuit Opposes California’s Cap-and-Trade Carbon Market

April 16, 2013 | 1:19 pm

New Lawsuit Opposes California’s Cap-and-Trade Carbon Market

Posted by

California’s quest to reduce global warming hit another obstacle on Tuesday. A conservative legal group filed suit to block California’s new cap-and-trade carbon market. The Pacific Legal Foundation alleged that the market’s charge for carbon emissions violates California law because it constitutes a tax, and taxes in California require approval by a two-third majority in […]

Continue Reading

Mistake in First California Carbon Auction Raises Questions About Secrecy

February 19, 2013 | 4:10 pm

Mistake in First California Carbon Auction Raises Questions About Secrecy

Posted by

The glitch in California’s cap-and-trade program that you probably never heard about.

Continue Reading

November 20, 2012 | 9:28 am

A.M. Splash: Calif. Cap-and-Trade Start Called a Success; HP Blames Aquisition for Huge Writedown; Dispute Could Slow Chevron Restart

Posted by

California’s first cap-and-trade auction sells out, declared ‘a success’ (SJ Mercury News) State regulators on Monday celebrated the results of last week’s first-ever auction of California greenhouse gas emission permits, declaring the long-awaited kickoff to the nation’s first effort to put a price on carbon pollution a success. The state did not disclose how many […]

Continue Reading