Recent Streetsblog CALIFORNIA posts about Cap-and-Trade

Legislative Update: Climate Change, Cap and Trade, Fare Evasion

By Melanie Curry | Aug 23, 2016 | 2 Comments

GREENHOUSE GAS TARGETS The Senate’s signature climate change bill, S.B. 32, cleared a hurdle this morning when it was approved by the Assembly on a vote of 42 to 29. The bill sets targets for California to reduce its greenhouse gas emissions beyond 2020, when the current Global Warming Solutions Act will expire. S.B. 32 […]

OC Streetcar Project Awarded $28 Million in Cap-and-Trade Funds

By Kristopher Fortin | Aug 23, 2016 | No Comments

The OC Streetcar Project, the expected first of its kind in Orange County, was awarded $28 million last week as part of California’s Transit and Intercity Rail Capital Program, which is funded by the state’s cap-and-trade program. The California State Transportation Agency (CalSTA) administers the TIRCP, which seeks to reduce statewide greenhouse gas emissions through […]

CA Awards $390 Million in Cap-and-Trade Funding for Transit Capital

By Joe Linton | Aug 19, 2016 | 4 Comments

This week, the California State Transportation Agency (CalSTA) announced the recipients of its Transit and Intercity Capital Program (TIRCP) grants. TIRCP distributes state cap-and-trade funding to local transit agencies for projects that will reduce greenhouse gas emissions. The TIRCP awards total $390 million statewide. The largest awards include $82M for rail improvements between San Diego and San […]

California Senate Proposal for Cap-and-Trade Revenues Focuses on Equity

By Melanie Curry | Aug 17, 2016 | 1 Comment

The Senate released a spending plan for the unallocated portion of cap-and-trade revenues today, in the form of Assembly Bill 1613. The plan, say Senate leaders and advocates, focuses on environmental equity while supporting projects that will reduce greenhouse gases. Cap-and-trade revenues, raised at auction from companies that pollute, are required by law to be […]

CAHSR Paints Rosy Picture, but Rail Line Is Still Political Hot Potato

By Damien Newton | Jul 25, 2016 | 7 Comments

After years of being beat up on conservative talk radio and in numerous other press outlets, the California High Speed Rail Authority finally hit a positive streak running several months this year. The organization broke ground on a major part of the program in Fresno, cleared a legal hurdle, passed a new business plan that […]

Environmental Justice Committee Seeks Input on Climate Change Plan

By Melanie Curry | Jul 20, 2016 | No Comments

California’s Global Warming Solutions Act, passed in 2006, opened the door for cap and trade, which among other things collects revenue to be invested in reducing emissions. The bill, A.B. 32, also created an Environmental Justice Advisory Committee to help the state spend those revenues equitably. The existence of this committee was an acknowledgement that the […]

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