Posts Tagged: 2030

Extending cap-and-trade is right thing to do

An oil refinery at twilight as the lights come on. (Photo: Phonix_a Pk.sarote, via Shutterstock)

by Susan Tierney, Heather Zichal and Mindy S. Lubber posted 07.12.2017

OPINION: California’s cap-and-trade program is working. Since it was launched in 2013, the system has helped drive down greenhouse gas emissions, while the state’s economy has flourished. The billions of dollars the program generates have funded “climate credit” payments to electric utility customers, low-carbon transit projects, and home weatherization improvements in low-income communities.

Future uncertain over cap-and-trade auctions

A powerplant at sunset. (Photo: David Crockett)

by CHRIS BUSCH posted 08.30.2016

OPINION: The California Air Resources Board (CARB) recently released the latest quarterly allowance auction results for California’s cap-and-trade program. While demand rose compared to the previous auction in May, a majority of allowances still went unsold due to uncertainty over the program’s future past 2020 – suggesting policymakers should take action, not solace, from better August auction results.

Big Oil should read the fine print

As rush hour approaches, traffic on the Golden Gate Bridge. (Photo: Frontpage)

by STEVEN MAVIGLIO posted 09.21.2015

OPINION: The oil company partisans and their legislative allies apparently failed to read past the first five pages of the bill. Buried in the back pages of SB 350 is a full codification of the 2030 and 2050 climate targets that the industry thought it defeated, along with a powerful new set of directives to state energy agencies to meet those targets.