Newsom, legislature drop California ETS rulemaking provision, agree to future evaluation

Published 02:41 on June 23, 2020  /  Last updated at 18:08 on June 23, 2020  /  Americas, Canada, US  /  No Comments

California officials on Monday removed a budget provision to require a cap-and-trade rulemaking by next year as part of a compromise between state lawmakers and Governor Gavin Newsom (D), though they will reassess changes by the Scoping Plan update, a legislative source said.

California officials on Monday removed a budget provision to require a cap-and-trade rulemaking by next year as part of a compromise between state lawmakers and Governor Gavin Newsom (D), though they will reassess changes by the Scoping Plan update, a legislative source said.

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