CLCV statement on proposed investment strategy for California's cap-and-trade auction proceeds

 

Statement from Rick Zbur, Chair and President, and Sarah Rose, CEO, CLCV:

We are proud of California's continued leadership to address climate change impacts while improving our health, and investing in our economy and our communities. CLCV has consistently supported policies designed to achieve these important goals.

Any legislation governing the investment of AB 32 cap and trade auction proceeds should:

  • Be consistent with the investment plan and process established by the California Air Resources Board and other state agencies;
  • Ensure that funding priorities achieve maximum greenhouse gas reduction benefits;
  • Commit to investments in communities consistent with the goals of SB 535, AB 1532, and SB 375; and
  • Provide for a transparent, public review and comment process

CLCV will review and consider support for such legislation that meets these provisions.

 
 
 

Take Action »

Be an environmental champion: take action to protect our air, water, and health.

Know Your Legislators »

Who represents you in the Assembly & State Senate? Find out how they voted on key environmental proposals.

Stay Connected »

Keep up with the latest from CLCV: environmental news, urgent action alerts, and more.

Donate »

Your support for CLCV helps maintain California's standing as the nation's environmental leader.

2016 California Environmental Scorecard

New for the 2016 legislative session: The 43rd annual California Environmental Scorecard rates elected officials on 2016, another successful year for the environment in spite of heavy opposition from polluting industry.

Find out how your legislators did in 2016 in CLCV's California Environmental Scorecard.