Browsing the "cap-and-trade" Tag

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Cap-and-trade: Big oil continues to praise Jerry Brown’s supposedly green bill

How should we judge the environmental impact of California Governor Jerry Brown’s latest green “victory”, his cap-and-trade extension? Hint: If big oil loves it, how green can it be?  By Dan Bacher  Catherine Reheis-Boyd, President of the Western States Petroleum Association (WSPA) and former Chair of the Marine Life Protection Act (MLPA) Initiative Blue Ribbon Task […]

August 5th

Big Oil spent $10.8 million to pass Jerry Brown’s cap-and-trade bill

State officials and the mainstream media depicted the passage of Governor Jerry Brown’s cap-and-trade bill last month as a “historic climate victory,” but over 65 environmental justice, conservation and public interest organizations slammed the bill because of the devastating impact it will have on front line communities, the people of California and our air and water. By Dan […]

August 2nd

Cap and Trade: Jerry Brown signs his bill (and calls opponents political terrorists)

At Treasure Island in San Francisco Bay with the San Francisco skyline right behind him on July 25, Governor Jerry Brown signed Assembly Bill 398 by Assemblymember Eduardo Garcia (D-Coachella), controversial legislation that extends California’s cap-and-trade program for another ten years until 2030. By Dan Bacher “California is leading the world in dealing with a principal existential threat that humanity faces,” […]

July 28th

Cap and Trade: “Yes, this deal sucks, but we need to pass something. Anything.”

How well-meaning environmental groups wanted a climate-action pony so badly that they bought in to a crappy cap and trade deal that only an oil company executive could love… and boy, do they love it. By RL Miller  Chair, California Democratic Party’s environmental caucus Founder, Climate Hawks Vote A horror story in three unnatural acts […]

July 23rd

California’s cap-and-trade gets mixed review from Citizens Climate Lobby

On Monday, the California legislature passed a bill to extend its cap-and-trade program until 2030. The program “requires companies to buy permits to release greenhouse gases into the atmosphere,” reported the LA Times, and “provid[es] a key tool for meeting the state’s ambitious goal for slashing emissions.” By Citizens’ Climate Lobby But the legislation, known as […]

July 18th

California’s Chevron-written cap-and-trade bill passes

More than 50 environmental justice and consumer organizations are outraged by the California Legislature’s passage last night of Big Oil’s cap-and-trade bill, Assembly Bill 398,  while Governor Jerry Brown, legislators and the Western States Petroleum Association are celebrating at the State Capitol. By Dan Bacher  Governor Brown, Senate President pro Tempore Kevin de León, Assembly Speaker Anthony Rendon and […]

July 18th

Cap-and-Trade: 50 environmental groups oppose California’s Chevron-written bill AB 398

A broad and deep coalition of climate and environmental justice groups announce their opposition to AB 398, the cap-and-trade bill that began with a Western States Petroleum wish list. By RL Miller Climate Hawks Vote “The Cap & Trade extension was written by the oil industry, is even worse than the current failed program, includes […]

July 18th

Jerry Brown’s cap-and-trade bill passes Senate Environmental Quality Committee

Assembly Bill 398, Governor Jerry Brown’s legislation extending California’s controversial cap-and-trade program, passed the Senate Environmental Quality Committee by a five- to-two party line vote today. It will head to the Senate floor on Monday, July 17. By Dan Bacher The bill is opposed by many environmental justice, consumer and conservation groups, although supported by some “Big Green” NGOs, including the Natural Resources Defense […]

July 13th

With Obama’s Clean Power Plan on hold, VA Gov steps in to limit power plant emissions

Virginia’s governor, Terry McAuliffe, has signed an executive order that directs the state’s environmental regulators to create a cap and trade plan for carbon power plant emissions. “The threat of climate change is real, and we have a shared responsibility to confront it,” McAuliffe said. “Once approved, this regulation will reduce carbon dioxide emissions from […]

May 22nd

Cap and Trade 101

A cap is a limit on pollution defined by a government: so a government legally defines how much of a pollutant companies can produce. If they produce more, they have to pay fines. The polluting companies are assigned credits by the government as well. If they are polluting too much and won’t stop, they can buy credits from […]

February 29th

Could CO2 balance the budget?

The quickest and smartest way to balance the budget is not to destroy America in order to save it. Instead, we could be using smart fiscal policy to increase revenue and steer the economy away from wasteful fossil fuels and toward smart, clean, renewables.

May 26th