Lawmakers Question Effectiveness of Cap-And-Trade Program

(CBM) – California’s cap-and-trade program is under scrutiny from state lawmakers who are concerned revenue collected from the program isn’t finding its way to disadvantaged communities.
The program, signed into law by Governor Arnold Schwarzenegger in 2006 as part of California s landmark environmental bill AB 32, is supposed to help lower harmful greenhouse gas (GHG) emissions in California to 1990 levels by the year 2020.
Assemblyman Adam Gray (D-Merced), who sought a state