California’s biggest climate effort is up for review and it’s a fight
As California pushes toward its ambitious goals for addressing climate change, the fate of its signature program is hanging in the balance. For months, lawmakers, industry groups and environmental advocates have been mired in negotiations over whether and how to extend the cap-and-trade program, which limits planet-warming emissions, beyond its 2030 expiration date. … Gov. Gavin Newsom is advocating for the program to be extended to 2045, and hopes to see it reauthorized before the end of the legislative session on September 12. … Among critics’ biggest concerns are that the cap is too weak and there are too many credits for polluting companies.
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