Arnold Schwarzenegger joined the “New Way California” initiative this week, in the hope of creating a competitive California Republican Party by triangulating toward Democrat priorities.
California voters could enshrine climate change in the state’s Constitution — thanks to a phony ballot initiative being promoted by weak Republican Party leaders as a brake on cap-and-trade spending.
California Democrats are seeking to penalize companies who are forced to buy greenhouse gas (GHG) emission permits as part of California’s “cap-and-trade” program, fresh off a victory over business owners who sued to have the program overturned as an illegal tax.
A California appeals court denied a challenge to the state’s lucrative cap-and-trade program by California business owners on Thursday—who argued the program constituted an illegal tax.
California Gov. Jerry Brown is trying to amend Senate Bill 32, which would extend “targets” for greenhouse gas emissions reduction beyond 2020, in order to pass an extension of cap-and-trade “proceeds” (i.e. taxes) without the constitutionally required two-thirds vote of both houses of the legislature to pass a tax.
Gov. Jerry Brown’s distant vice presidential prospects may be more remote than ever, as a state appellate court appears ready to strike down California’s “cap-and-trade program as an unconstitutional tax.
California regulators approved a climate change rule on Friday that will push California gasoline prices up to at least an 80 cent premium over the U.S. national average.
California’s cap-and-trade tax is creating a luscious honey-pot of cash to sooth state politicians’ spending fantasies. In expectation of the cash available from the “May Revised Budget” to be released this week, lawmakers and their interest-group fellow travelers are outlining ambitious proposals that include funding port improvements, paying for heavy-duty trucks and ferries, nurturing urban rivers, sponging up carbon in soil and increasing subsidies for bus riders.
