Tag: Cap-and-Trade Auction
CalChamber-Backed Bills Part of Budget Package
Governor Edmund G. Brown Jr. this week signed his final budget, a package that includes three California Chamber of Commerce-supported budget trailer bills which...
Governor’s Revised Budget Plan Saves Money for Rainy Day; No New Taxes
Last week, Governor Edmund G. Brown Jr. released a revised version of his state budget proposal for 2018–19. The Governor’s final budget continues to...
Governor: State Will Persist in Leading Way for Nation
The need for perseverance was a recurring theme this week when Governor Edmund G. Brown Jr. delivered his 16th and final report on the...
CalChamber Appeals Court Decision Upholding Cap-and-Trade Revenues
The California Chamber of Commerce this week petitioned the California Supreme Court to review the split decision by the 3rd District Court of Appeal...
Split Appeals Court Decision Upholds Cap-and-Trade Revenues
In a 2-1 ruling, the 3rd District Court of Appeal has upheld the state’s practice of auctioning greenhouse gas (GHG) emission allowances to raise...
Appeal Court Hears CalChamber Arguments Against Auction of Cap-and-Trade Credits
A Sacramento appellate court heard oral arguments this week on a closely watched lawsuit filed by the California Chamber of Commerce concerning the California...
Governor’s Prudent Budget Adds to Rainy Day Fund
Governor Edmund G. Brown Jr, this week proposed a prudent and balanced state budget for 2017–18 that eliminates a projected $2 billion deficit and...
Use Market Pricing to Cut CO2 Emissions
Nobody should be surprised that California’s cap-and-trade program is the most cost-effective strategy to reduce carbon emissions. What’s astonishing is that policymakers insist on...
Governor Holds Steady on Prudent Spending Plan
Warning that a recession is inevitable, Governor Edmund G. Brown Jr. dampened spending expectations even as higher revenues have poured into state coffers.
Overall, the...
Air Board Asks Courts to Create New Tax
In a landmark case before the Third District Court of Appeal, the California Air Resources Board (ARB) recently argued for creation of an unprecedented...
