Possible Detour for "Cap & Trade" Auction Revenues
Wednesday, May 29, 2013
Gov. Jerry Brown wants to redirect money from California's "cap-and-trade" program to help balance the state budget. Many groups say the money should be used as the law intended - to help fight climate change, boost the clean-energy economy, and clean up air pollution.
Vien Truong, director of environmental equity for The Greenlining Institute, said Brown's proposal violates the state's promise to spend the money on greenhouse gas-reducing activities, especially in disadvantaged communities.
"We believe it should be invested in things that have triple bottom-line benefits," she said, "like creating good jobs, reducing pollution and creating investments into areas that have been sorely underinvested for a long time."
Truong said Brown's proposal reminds her of a quote from Dr. Martin Luther King Jr.: "Justice too long delayed is justice denied."
"And that's more true now than ever before, especially in communities of color where people are battling to breathe, where our neighbors have been looking for jobs for years now and we now see a surplus," Truong said. "Instead of using it where we need to invest it most, Gov. Brown wants to sit on it for a year. That's just not tolerable."
Holly Smithson, president and chief operating officer of CleanTECH San Diego, said a lot of clean-energy businesses have been planning based on these funds.
"This has been in the making for several years," Smithson said. "And then for this to be completely redirected really smacks in the face of the businesses. What do all businesses despise more than anything? It's uncertainty."
The Legislative Analyst's Office has suggested there isn't a need to take the money from cap and trade because tax revenues are expected to be higher than what Brown has predicted. A spokesman for the state Environmental Protection Agency says the delay will give the state more time to identify which projects to select.
get more stories like this via email
A new study found gas flaring in oil-producing states like North Dakota is not as effective in limiting harmful emissions when compared to long-standi…
Community and technical college faculty members are preparing for the legislative session in Olympia, and among the top priorities for the American …
The Holyoke area is home to many Puerto Rican families who say they will do what they can to help people there as they recover from the latest hurrica…
On the heels of a regional conference, multiple groups are working on new solutions for reducing the poverty gap in Minnesota. Nonprofits, …
The pandemic took a toll on the nursing profession, resulting in shortages across the nation and especially Texas, ranked the second-hardest-hit …
Most criminal offenses can be annulled except for violent crimes and those involving obstruction of government administration. An upcoming legal …
Advocates for a man wrongfully imprisoned for decades due to misconduct by a Durham Police detective and released in 2016, want the city to honor a …
Groups fighting hunger in California say untold suffering could be avoided if the policies championed at the latest White House conference are put int…