unauthorized tax

Breaking News: California Chamber of Commerce Sues over AB 32 Auction

The California Chamber of Commerce has launched the first industry lawsuit against the auction portion of California’s cap-and-trade program on the basis that auctioning off allowances constitutes an unauthorized, unconstitutional tax.  The complaint was filed today in Sacramento Superior Court and seeks to stop the auction and have the auction regulations declared invalid.  The Chamber argues …

CONTINUE READING

TRENDING