BRIEFING: Senators, stakeholders express ETS rulemaking concerns in California legislative committee hearing

Published 03:11 on May 7, 2026 / Last updated at 03:11 on May 7, 2026 / / Americas (Compliance Markets & Taxes, US & Canada), Insights (Briefings)

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Senators sparred with the head of California regulator ARB on proposed changes to the state’s Cap-and-Invest Program in a legislative hearing on Wednesday, with lawmakers and stakeholders alike questioning the draft updates’ impacts on costs, revenues, affordability, and ambition under the programme.
Senators sparred with the head of California regulator ARB on proposed changes to the state’s Cap-and-Invest Program in a legislative hearing on Wednesday, with lawmakers and stakeholders alike questioning the draft updates’ impacts on costs, revenues, affordability, and ambition under the programme.


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