July 31, 2017 by Ronjoy Bezbarua
(Source: The Fresno Bee) Cap and trade, is a market-based approach to environmental regulation. It allows businesses that work to stay below the caps to sell credits to businesses that are struggling to meet emission limits. It gives businesses certainty by which they can plan, and it incentivizes businesses to meet emissions goals. The Central Valley has some of the poorest air quality in the state, which is at least somewhat due to emissions pollution. AB 398 prevents a gas-price increase of more than one dollar per gallon, which was going to happen without the bill’s passage. Read full article….