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Darrell Steinberg
California's cap-and-trade program is key to Gov. Jerry Brown's agenda
California's cap-and-trade program is key to Gov. Jerry Brown's agenda

For Gov. Jerry Brown, fighting climate change is more than a central tenet of his political agenda. It's also a key source of funding. California's cap-and-trade program, in which permits to pollute are traded and fees are levied, has been a swelling source of revenue, helping to fuel major initiatives in the updated spending blueprint released by the governor this week. Money from the pollution fund is already being used to install rooftop solar panels, start bullet train construction in the Central Valley and put more clean vehicles on California roads. Now, Brown is proposing that it also finance anti-drought efforts, such as helping Californians replace outdated...

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