Landmark climate change law extended in California


In an increasingly rare act of bipartisanship, Democratic and Republican lawmakers in California voted on Monday to extend the state's cap-and-trade climate program.
The initiative, which would have ended in 2020 but has now been extended to 2030, has been praised by Gov. Jerry Brown (D) as being a model for other states that want to lower their carbon emissions. "Tonight, California stood tall and once again, boldly confronted the existential threat of our time," he said in a statement released after the vote. "Republicans and Democrats set aside their differences, came together, and took courageous action. That's what good government looks like."
California law requires that by 2030, the state reduce greenhouse gas emissions 40 percent from 1990 levels, and cap and trade limits the amount of carbon emissions by businesses and makes polluters request permits to release greenhouse gases. Brown said if cap and trade wasn't in place, regulators in the state would have to enact restrictions that would be hard on businesses and expensive for consumers, The Associated Press reports. Some environmentalists say the law does not go far enough, while conservatives believe it raises consumer costs.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
Acid rain is back: the sequel nobody wanted
Under The Radar A 'forever chemical' in rainwater is reviving a largely forgotten environmental issue
-
Book reviews: 'Clint: The Man and the Movies' and 'What Is Wrong With Men: Patriarchy, the Crisis of Masculinity, and How (Of Course) Michael Douglas Films Explain Everything'
Feature A deep dive on Clint Eastwood and how Michael Douglas' roles reflect a shift in masculinity
-
Recreation or addiction? Military base slot machines rake in millions.
Under the Radar There are several thousand slot machines on military bases
-
Why the catastrophe bond market is growing
The Explainer The bonds pay for climate change disaster damages
-
Samsung to make Tesla chips in $16.5B deal
Speed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance merger
Speed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profits
Speed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new high
Speed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate