PANDEMIC
Climate auction suffers as business emissions plummet
California's cap-and-trade auction was walloped by the pandemic-driven economic collapse, failing to generate almost $550 million in expected revenue for climate programs.
Anne has written extensively about California's climate law, the state's push on renewable power, electric vehicles, drought, and the people leading key energy developments. She's covered issues in Hawaii, Arizona, Oregon and Washington state. She earlier reported on lobbying and influence from E&E News' Washington, D.C., headquarters. She worked previously for The Denver Post's Washington bureau and several California papers including the Orange County Register. She graduated from UCLA.
California's cap-and-trade auction was walloped by the pandemic-driven economic collapse, failing to generate almost $550 million in expected revenue for climate programs.
California agencies in charge of protecting the state's coastline from sea-level rise will target a minimum increase of 3.5 feet by 2050 — a level much higher than scientists say is likely, and one that's stirred controversy in the Golden State.
California's historic climate initiatives aiming to replace gas-powered cars with electric vehicles are expected to feel the financial pinch of the pandemic, a spending plan proposed by the governor shows.
A California agency overseeing beach development yesterday decried legislation that would make it easier to install sea walls along the state's southern coastline.
California's climate programs face a major threat as the state grapples with a potential budget deficit of $54.2 billion brought on by the COVID-19 pandemic.