July 25, 2017 by Ronjoy Bezbarua
(Source: Governor’s Office) Governor Edmund G. Brown Jr. today signed AB 398 by Assemblymember Eduardo Garcia (D-Coachella), which extends and improves the state’s world-leading cap-and-trade program to ensure California continues to meet its ambitious climate change goals. The Governor signed the legislation today on Treasure Island, the same location where Governor Arnold Schwarzenegger signed AB 32 (the California Global Warming Solutions Act of 2006), which authorized the state’s cap-and-trade program more than a decade ago.AB 398 strengthens and extends the state’s cap-and-trade program, which would have expired without legislative action. The program, along with other state carbon reduction measures, ensures California will meet its SB 32 target to reduce greenhouse gas emissions 40 percent below 1990 levels by 2030. Read full article….