Significant changes to the current cap-and-trade system may be on the way as part of the latest draft of the budget that was agreed to by both chambers of the …
California Climate Investments Make Progress on Emissions Goal
The 2019 Annual Report from California Climate Investments was recently released providing details about how cap-and-trade auction proceeds are being used to reduce overall emission levels in the state. The …
Over $100 Million Cut from Available Ag Equipment Replacement Funds
Work is underway to ensure that the current levels of incentive funding for agricultural equipment replacement remain available to farmers. Governor Gavin Newsom’s budget proposal looks to reduce the funding …
Cap and Trade Funding for Agriculture
Governor Brown recently signed the Cap and Trade Expenditure Plan bills mapping out where nearly $1.5 billion in cap and trade revenues will be heading. The agriculture industry is set …
California Lawmakers Extend Cap and Trade
The California Legislature has approved Assembly Bill 398, extending the state’s greenhouse gas, cap and trade program to 2030. The bill passed with a two-thirds super majority and Governor Jerry …