As Congress Debates, California Keeps Moving Forward with Its Climate Plan
California, which is required to cut its greenhouse gas emissions by 25 percent during the next 10 years under state law, is making progress toward implementing its own comprehensive climate program.
Recently, the state’s Economic and Allocation Advisory Committee, which includes Vicki Arroyo, executive director of the Georgetown Climate Center, and other experts, recommended that 75 percent of auction revenues from the state’s cap-and-trade program be returned to consumers in the form of tax cuts or annual dividend checks.
The committee is charged with advising the state on the implementation of the Global Warming Solutions Act (AB32). The recommendations have been warmly received by Gov. Arnold Schwarzenegger and will be reviewed by the state’s Air Resources Board.
"I continue to believe the best program will be one that returns value to the people through tax cuts, rebates or dividends, and I applaud the Committee for recognizing those options," Schwarzenegger said in a statement.