Region: California
Why Was the Lawsuit Challenging California’s Cap-and-Trade Auction Filed Just One Day Before the Auction?
As Ann posted earlier today, the California Chamber of Commerce has filed a petition for writ of mandate in a California superior court, alleging that the auction of allowances to emit carbon dioxide scheduled for tomorrow constitutes an illegal tax and is not authorized by the California law AB 32. AB 32 requires the state …
CONTINUE READINGBreaking 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 …
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CONTINUE READINGTime for a California Oil Severance Tax
California’s new Democratic supermajority will be sorely tempted to raise taxes and fees across the board, which I have earlier suggested is a bad idea politically. But that hardly means that it should reject new revenues altogether, and the easiest place to start would be an oil severance tax. The oil severance tax works exactly …
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CONTINUE READINGWhat Do You Do With a Supermajority? Be Very Careful!
As Cara observes, California Democrats seem to have achieved the unachievable in Sacramento — a 2/3 majority, allowing them to raise taxes without permission of the GOP. It’s not quite there, because a couple of state Senators were elected to Congress, and as soon as they take their seats, special elections will need to be …
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CONTINUE READINGMaking Climate Policy While Congress Sleeps
In our system of government, Congress is the institution with the greatest power to address issues of national importance. Unfortunately, Congress has been AWOL on the issue of climate change. The election has made it marginally more likely that Congress might wake up and take action on climate change, possibly even including a carbon tax …
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CONTINUE READINGOne Additional Legal Challenge To AB 32: Prop 26
One addendum to my post on new developments and cap-and-trade. I should have mentioned that Proposition 26 — which tightened the 2/3s vote requirement for taxes to include fees — may be the basis for another legal challenge to the cap-and-trade program. California voters approved Prop 26 in 2010. Unless Prop 26 is found to …
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CONTINUE READINGNew Developments for Cap-and-Trade in California
There’s big news for California’s cap-and-trade program to control the state’s greenhouse gas emissions on two fronts this week. Cara alluded to the first in her post this week about California Democrats gaining a supermajority in both houses of the legislature after Tuesday’s election. The legislative development is important because the state legislature can probably …
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CONTINUE READINGElection Day Shows the Need for Transit Tax Reform in California
Tuesday seems not have been a great day for local transit advocates in California. Measures to increase or extend tax measures for public transit failed in Los Angeles County (Measure J) and currently trail in Alameda County (Measure B1), with mail-in ballots still being counted. But when I say “failed,” what I mean is they …
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CONTINUE READINGCalifornia with Pavley and a Legislative Supermajority?
Some really good news from the California legislative election results for those in favor of innovative state policies on climate change. First, Sen. Fran “Clean Cars and AB 32” Pavley has won her tough reelection fight against challenger Todd Zink, who had attacked her for (among other things) being too far left on the environment. Sen. …
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CONTINUE READINGCalifornia’s Proposition 30 and the Environment
With so much attention paid to the presidential race, it’s easy to overlook the fact that California’s fiscal future is on the ballot tomorrow, with consequences for the environment. Proposition 30 represents Governor Jerry Brown’s attempt to stave off harsh cuts to the state budget, a situation brought on by declining tax revenues in the …
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