1.0Climate Change Dispatchhttps://climatechangedispatch.comThomas Richardhttps://climatechangedispatch.com/author/ccdeditor/How California struck a greenhouse gold rush with cap-and-trade feesrich600338<blockquote class="wp-embedded-content" data-secret="oyj4iXipZy"><a href="https://climatechangedispatch.com/how-california-struck-a-greenhouse-gold-rush-with-cap-and-trade-fees/">How California struck a greenhouse gold rush with cap-and-trade fees</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://climatechangedispatch.com/how-california-struck-a-greenhouse-gold-rush-with-cap-and-trade-fees/embed/#?secret=oyj4iXipZy" width="600" height="338" title="“How California struck a greenhouse gold rush with cap-and-trade fees” — Climate Change Dispatch" data-secret="oyj4iXipZy" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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Yesterday, California's Democratic Legislature rammed through two new ambitious climate change proposals to make sure its cap-and-trade cash cow doesn't expire. The proposals would also attempt to reduce the state's carbon footprint, boost the use of renewable energy to 50 percent in 15 years, and extend the length of its money-making cap-and-trade program indefinitely. In California, Gov. Jerry Brown's clarion call to limit CO2 emissions has been met with astonishment by fiscally conservative Republicans, especially in a state drowning in debt, inordinately high taxes, mass migration of talented workers, all while dealing with a naturally occurring four-year-long drought. The new proposals (Senate Bill 32 and AB 1288) being rubber stamped into law by the Democratic majorities in Sacramento are being pilloried by Republicans who claim these new regulations are akin to "coastal elitism that would kill working class jobs."https://climatechangedispatch.com/wp-content/uploads/images_pics8_brown.jpg