Posts Tagged: cap-and-trade

News

Cap-and-trade deal heading for showdown

A California power plant at dusk. (Photo David Crockett)

A hotly disputed agreement to extend California’s cap-and-trade program to 2030 reflects the power shift under way in the Legislature in which moderate, business-friendly Democrats are increasingly flexing their political muscle. It also shows the lobbying clout of the petroleum industry and divisions within the environmental community.

Opinion

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)

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.

Opinion

Fighting climate-related disasters

A major fire near Los Angeles. (Photo: Brian C. Weed, via Shutterstock)

OPINION: Floods, mudslides, multi-year drought and massive, destructive wildland fires are only some of the extreme climate-related disasters California and its local communities face. If you live in California, the odds are that you are living in a danger zone.

Opinion

Cap-and-trade key to green energy future

Windmills generate electricity in Palm Springs. (Photo: Chris Rubino)

OPINION: Clean energy is taking over the world, driven by a combination of climate change policies and market economics. California has paced America in seizing this opportunity, building a thriving green economy through smart policy. But the fate of California’s cap-and-trade program, a cornerstone of the state’s green growth strategy, depends on the state Legislature extending the program beyond 2020

Opinion

Cutting carbon emissions: Avoid command-and-control

The Los Angeles skyline late at night. (Photo: Songquang Deng, via Shutterstock)

OPINION: Intense pressure will be applied by some legislators, regulators, and stakeholders who favor a heavy-handed command and control approach instead of market-based measures to clean the air and reduce GHGs. Look no further than the March 3 South Coast Air Quality Management District (SCAQMD) governing board meeting for a real-life example.

Opinion

On environment, some lessons for Brown

A hazy day in the Los Angeles Basin, New Year's Day, 2015. (Photo:Trekandshoot, via Shutterstock)

OPINION: Gov. Jerry Brown has called Donald Trump’s election the proverbial “heart attack” to get California off of the equivalent of cigarettes — climate-destroying fossil fuels. But for Brown to be the foil to Trump’s anti-environmental policies, it’s going to take a lot more than launching California’s own climate-tracking satellite.

Opinion

Future uncertain over cap-and-trade auctions

A powerplant at sunset. (Photo: David Crockett)

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.

News

Who decides on greenhouse gases: Voters or lawmakers?

A smog-tinged view in black and white of Century City, Beverly Hills and West Los Angeles. (Photo: Trekandshoot, via Shutterstock)

It’s a familiar fight in the Capitol: Oil companies and their allies say jobs and Californians’ ability to get from place to place at reasonable cost are at stake, which can have a dramatic impact on lower income workers. Environmentalist say the future of the planet is what it’s all about, starting in California. Ultimately, the issue may be decided by millions of voters — not Sacramento lawmakers.

Opinion

Low auction result helps legal case for cap-and-trade

A smog-tinged view in black and white of Century City, Beverly Hills and West Los Angeles. (Photo: Trekandshoot, via Shutterstock)

OPINION: When the California Air Resources Board released the results of its May auction of carbon allowances, audible gasps from around the state could be heard from the space station. I kid – but only just a little. The auction results did in fact create a great shock: many had expected at least half a billion dollars to be collected at the quarterly auction, but the auction generated only about ten million dollars. But here’s the truth: The super-low May auction result should actually help the State’s legal defense of cap-and-trade.

Opinion

Cap-and-trade: Fix needed now on regulation

A powerplant at sunset. (Photo: David Crockett)

Gov. Jerry Brown proposed in his recent state-of-the-state address that California should take steps to approve an aggressive new greenhouse gas reduction goal for 2030. This additional proposal would take California beyond the current 2020 goal set by Assembly Bill 32, the California Global Warming Solutions Act of 2006. The AB 32 Implementation Group is concerned that creating a 2030 goal will shift attention away from current regulations that are intended to meet the greenhouse gas emissions goal California’s elected officials adopted in 2006 for 2020.

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