Recent Streetsblog CALIFORNIA posts about Cap-and-Trade

Affordable Housing Awards from Cap-and-Trade Funds Announced

By Melanie Curry | Jun 24, 2015 | 4 Comments

On Monday, the California Strategic Growth Council announced its recommendations for the first round of funding under the Affordable Housing and Sustainable Communities program. SGC staff recommended 28 projects, to be awarded a total of $122 million. The projects are split about evenly between Northern and Southern California. Most of the recommended projects are for […]

Legislative Update: Limiting Cap-and-Trade Transit Funds to Large Projects

By Melanie Curry | Jun 19, 2015 | No Comments

Last week, the California legislature put off making a decision on how to spend the portion of cap-and-trade revenue that hasn’t already been allocated. Meanwhile Senator Jim Beall (D-San Jose) is shepherding through a bill, S.B. 9, that seeks to limit funds from one of the existing cap-and-trade programs to large, expensive transit projects. The […]

Draft Guidelines for Greenhouse Gas Reduction Fund Available for Comment

By Melanie Curry | Jun 18, 2015 | No Comments

The California Air Resources Board released a draft of its guidelines for programs funded by cap-and-trade revenue [PDF], and will hold a workshop [PDF] on Monday to receive feedback on them. Cap and trade is a state program to reduce greenhouse gas (GHG) emissions. It limits total emissions for industries, and auctions emissions credits. Auction revenue goes into the […]