Gov. Gavin Newsom highlighted the success of California's cap-and-trade program in funding various environmental initiatives, totaling $11 billion in implemented projects and $17 billion in additional funding. The program has supported projects like high-speed rail, electric vehicle rebates, methane capture, land conservation, and affordable housing.
Despite its achievements, the cap-and-trade program has faced criticism from environmental advocates for failing to protect communities near major pollution sources and experts pointing out that emission reductions fall short of the state's climate targets. State auditors also raised concerns about the inadequate measurement of greenhouse gas reductions achieved by incentive programs.
#california-cap-and-trade-program #environmental-initiatives #emission-reduction-goals #criticism #governor-gavin-newsom
[
add
]
[
|
|
...
]