cap and trade

Environment
5:53 pm
Mon April 14, 2014

Cap-and-Trade Money Would Go To Affordable Housing and Transit Under Proposal

Senate President pro Tem Darrell Steinberg (file)
Credit Ben Adler / Capital Public Radio

Money generated from California’s cap-and-trade program would go to mass transit, sustainable affordable housing and high speed rail under a proposal by Senate leader Darrell Steinberg. As Amy Quinton reports from Sacramento, Steinberg is backtracking from his previous proposal.

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Government & Politics
5:09 pm
Mon January 13, 2014

Steinberg Cool On Cap And Trade Money For High Speed Rail

Senate President pro Tem Darrell Steinberg (file photo)
Credit Office of Darrell Steinberg

The leader of California’s  Senate is issuing words of caution on Governor Jerry Brown’s plan to use money from the state’s cap-and-trade program to help pay for construction of high speed rail.  

Speaking with Valley Public Radio, Senate President pro Tem Darrell Steinberg says he’s concerned about the rail authority’s plan to finance construction of the next stage of the bullet train, which would go from Bakersfield over the Tehachapi Mountains to Palmdale in Southern California.

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Environment
6:20 pm
Thu January 9, 2014

Brown's Budget Proposal Spends Cap and Trade Money

Credit California High Speed Rail Authority

California Governor Jerry Brown’s budget proposal includes some major investments in the environment. As Amy Quinton reports from Sacramento, it lays out how he wants to spend $850 million in revenue from the state’s greenhouse gas reduction program known as cap-and-trade.

As expected, Governor Brown wants to invest a large portion of money raised from carbon auctions on High Speed Rail. The proposal includes $300 million for construction and integration of the rail system that he’s pitched as an environmentally-friendly alternative to cars.

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High Speed Rail
5:13 pm
Mon January 6, 2014

Governor's Possible Budget Move on Cap and Trade Gets Mixed Reactions

file photo
Credit California High Speed Rail Authority

Environmental groups are reacting to the possibility that California Governor Jerry Brown’s budget may propose using cap and trade revenue for High Speed Rail. As Amy Quinton reports from Sacramento, the state has generated $530 million from the greenhouse gas emissions reduction program.

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Environment
11:34 am
Fri June 14, 2013

Budget Agreement Diverts Money From Cap and Trade

file photo
Credit Valley Public Radio

California’s budget agreement borrows 500-million dollars from the state’s cap-and-trade program. As Amy Quinton reports from Sacramento, environmentalists say the maneuver neglects polluted communities.

Environmentalists say money from the sale of carbon pollution permits is supposed to go to programs that help further reduce emissions. California Governor Jerry Brown and lawmakers say it will, just not this year.

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Environment
4:35 pm
Tue May 21, 2013

Environmentalists Lobby To Change Brown's Proposal For Cap and Trade Funds

file photo
Credit Valley Public Radio

Environmental groups have begun a lobbying campaign to stop California Governor Jerry Brown’s budget proposal to divert money from the cap-and-trade program.

Environmentalists say money from the sale of carbon pollution permits is supposed to go to programs that help further reduce emissions. Brown wants to borrow $500 million for the general fund.

Vien Truong with the Greenlining Institute says environmental advocates are angry. She says that money could be used for clean air programs in low-income communities.

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Environment
11:29 am
Fri August 31, 2012

California Tests Cap and Trade System

California officials are ramping up for the greenhouse gas emissions cap-and-trade market this November, where companies will be required to pay for their pollution. The state held a trial auction to test the new system for selling carbon credits on Thursday.

The main goal of the test run is to make sure the software works smoothly and prevents attempts to game the bidding system, according to, Stanley Young who is with the California Air Resources Board.

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Environment
6:57 pm
Tue August 7, 2012

California Air Resources Board Maps Air Polluters

A screenshot of the new greenhouse gas emissions Google map from the California Air Resources Board
California Air Resources Board

The California Air Resources Board has created a map that shows the state’s biggest emitters of greenhouse gases. It is a significant step in the development of California’s Cap and Trade program.

On the new Google Earth map are 625 facilities that each produce more than 25,000 metric tons of greenhouse gases annually. The map breaks down facilities by industry, zip code and emissions. But, Stanley Young with the Air Resources Board says state-to-state comparisons aren’t yet available.

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