Cap-and-Trade

China to Start Cap-and-Trade to Limit Greenhouse Gas Emissions in 2017

President Xi Jinping announced a landmark commitment on Sept. 25 to commence a cap-and-trade program in 2017, going further than the U.S. to limit emissions.

September 26, 2015 - The New York Times - Asia Pacific

Compromise Transportation Funding Plan Floated by California Gov. Jerry Brown

With five days left in the legislative season, Gov. Jerry Brown halved the fuels tax increases proposed in the Democratic bill as a sweetener to tax-averse Republicans, though they haven't show any willingness to date to compromise.

September 5, 2015 - San Jose Mercury News

California Cap-And-Trade Surprise: Cash Flows Out-of-State to Reduce Emissions

California industries are buying offsets in lieu of purchasing carbon allowances or reducing carbon emissions, and most of the offsets are spent out-of-state, assisting the recipients economically as well as reducing greenhouse gas emissions.

August 21, 2015 - KQED: California Report

President Obama's Clean Power Plan Is Nation's Strongest Climate Initiative

Just over a year ago President Obama's draft Clean Power Plan was unveiled. That proposal has been finalized and the president promoted it at a press event on Monday. The final rule is both stronger and more lenient that the original proposal.

August 3, 2015 - The Guardian

California First: Carbon Fees Used to Fund Affordable, Transit-Oriented Housing

On June 29, the California Strategic Growth Council awarded $121.9 million in Greenhouse Gas Reduction Funds to help build 28 affordable housing developments on major transit lines. Funding originates from proceeds of the cap-and-trade market.

July 6, 2015 - PR Newswire

No Papal Blessing for Cap-And-Trade

Governments must take correction actions to address climate change, warned Pope Francis in his June 18 encyclical, but cap-and-trade, which places a price on carbon emissions but can lead to speculation, is not one of them.

June 22, 2015 - San Francisco Chronicle

Study: Golden State Should Change Name to Greenest State

California's economy is not only the "least carbon-intensive" in the United States, it's the second lowest in the world when measured per economic output, according to a new study that evaluates economics and environment.

May 19, 2015 - San Francisco Chronicle

California Transportation Spending Gets Boost from Budget Revision

A short term increase in spending hides California's annual structural deficit of almost $6 billion—money needed to maintain the state's roads and bridges.

May 17, 2015 - San Jose Mercury News

Ontario to Join Quebec in Cap-and-Trade Program

Ontario Premier Kathleen Wynne made a strong case for taking decisive climate change action when she signed an historic agreement to join the Quebec program that trades carbon with California.

April 17, 2015 - The Globe and Mail

SB 32 to Pick Up Where AB 32 Leaves Off

California's landmark climate legislation, AB 32, ends in five years; i.e., the target year for emissions reduction is 2020, after which there will be no comparable legislation targeting a future year. SB 32 sets emission reduction goals for 2050.

March 12, 2015 - Capitol Weekly

Another California First: the End of the Carbon Externality for Motorists

California's cap-and-trade market saw its largest carbon sale, $1.02 billion, thanks to millions of motorists now paying about a dime a gallon for the right to emit carbon for the first time since the program began in November 2012.

March 3, 2015 - The Sacramento Bee

Gas Tax vs. Carbon Charge Debate Looms in Washington State

The Republican chair of the Senate Transportation Committee is considering an 11.5-cent gas tax increase, setting up a potential conflict with Gov. Jay Inslee's preference to apply a carbon charge to industrial emissions to fund transportation.

February 4, 2015 - KUOW

How California's Cap-and-Trade Will Fund Affordable Housing

The innovative revenue stream known as California's cap-and-trade program is ready to take action by funding affordable housing projects.

January 24, 2015 - LA.Streetsblog

Gas and Bikes

California's 'Hidden Gas Tax' Arrives, Goes Unnoticed

The oil industry was predicting motorist outrage and an increase in gas prices of around 70-cents due to the carbon charge effective in the state on January 1. Some prices increased 10-cents, but went largely unnoticed.

January 6, 2015 - San Diego Union-Tribune

Washington Governor Proposes Cap-and-Trade to Fund Highways

After a failed attempt to increase the fuel tax, itself a form of carbon tax on gas and diesel sales, Gov. Jay Inslee seeks to use revenue from carbon permits purchased by stationary sources in a new cap-and-trade program to pay for transportation.

December 21, 2014 - The Seattle Times

California Launches Process to Create Sustainability and Housing Program (Funded by Cap and Trade)

California's Strategic Growth Council has begun to shape the Affordable Housing and Sustainable Communities program around its new allocations of cap-and-trade funds. The first key public meeting on creating the program was July 10.

July 17, 2014 - California Planning & Development Repot

New Report Examines Higher Social Cost of Carbon

In the "Cost of Carbon Pollution" report, the Environmental Defense Fund, New York University's Institute for Policy Integrity, and the Natural Resources Defense Council claim the Obama Administration underscored the social cost of carbon pollution.

March 17, 2014 - Huffington Post

California Bill Proposes Carbon Tax to Replace Cap-and-Trade

Decisions, Decisions. What's the best way to add transportation fuels to California's cap-and-trade program? Charge a carbon tax at the pump, as Senate leader Steinberg proposes, or charge refineries in the same manner as applied to other industries?

February 22, 2014 - Capital Radio News

In Absence of Global Action, Regional Partnerships Pursue Cap-and-Trade

California Air Resources Board Chairwoman Mary Nichols signed an agreement with Australia to share policy on reducing green house gas emissions. The Planning Report presents the following transcript of her remarks at the signing.

August 23, 2013 - The Planning Report

Navigating the American Carbon Market

Gary Gero, President of Climate Action Reserve, discusses his organization's work drafting carbon offset protocols for the California Air Resources Board's cap-and-trade program.

April 15, 2013 - The Planning Report

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