CARB's Cap-and-Invest updates: 118.3M allowances removed by 2030, a 2045 cap endpoint of 30.3M allowances, and key questions on allowance removal for offset usage.
The notice indicated CARB will consider the new legislative direction and will build on the public process already underway.
California Assembly and Senate Approved AB 1207 and SB 840 with 2/3 Majority. Governor Newsom has until 13 October to Sign Bills into Law
Votes Still to come and Legislative Activity Likely to Extend into Saturday
Cap-and-Trade Extension Left Out for “Policy Bill” Process
The United States Senate voted 51 to 44 to overturn the waiver granted to California by the U.S. EPA, which allowed California to set vehicle pollution standards stricter...