The Coronavirus pandemic has forced a budget hit on California’s climate mandates

  • Published on May 19th, 2020

Democratic Democratic Gov. Gavin Newsom has proposed funding cuts to deal with what has been projected as a revenue deficit of $54 billion as a consequence of the economic response to the coronavirus. The state’s carbon cap-and-trade program pays for climate programs, which includes incentives for buying clean cars, electric buses, and off-road freight equipment, but as with other programs, the pandemic has forced a budget hit on California’s climate mandates.

California low-carbon vision California Air Resources Board

By Meteor Blades

Newsom had been expecting that 2020-2021 cap-and-trade auctions would generate $2 billion. But oil refineries and cement factories that are big spenders in cap-and-trade auctions because they are big greenhouse gas emitters. will ikely will be running at reduced levels for months to come, if not longer.

Anne C. Mulkern at E&E News reports that clean car incentives aren’t a priority for whatever money is generated at the auctions.

And that means the state mandate to reduce emissions 40% below what they were in 1990 by 2050 could sputter since California’s transportation sector is its largest emissions source.

Without incentives, the conversion to more zero-emission vehicles, including electric buses and trucks, could be harder to achieve.

(Crossposted with DailyKos.)

About the Author

Meteor Blades is a writer and contributing editor at DailyKos. He believes there is something profoundly wrong with our system. - the unchecked accumulation of wealth and power into the hands of a very small group of corporate business interests has contributed to the wholesale corruption of our political system. For an understanding about the level of corruption in our country, he encourages you to view these two PBS documentaries: (1). ,The Untouchables; (2) The United States of ALEC.
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