Court Upholds California's Cap-and-Trade Program
The state’s landmark system for curbing carbon emissions can continue through at least 2020
By Debra Kahn, E&E News on April 7, 2017
California's landmark system for curbing greenhouse gases can continue through at least 2020, a state court ruled yesterday.
The decision by the 3rd District Court of Appeal in Sacramento found that the cap-and-trade program is not an illegal tax as industry groups had contended. It frees the state to continue holding auctions through 2020. Lawmakers, however, still hold the key to the market after the end of the decade.
https://www.scientificamerican.com/article/court-upholds-californias-cap-and-trade-program/
