California bill seeks to extend cap-and-trade program

By Peter Maloney, Utility Dive.

  • A bill introduced in the California legislation would extend the state’s greenhouse gas emissions cap-and-trade program.

  • The bill would no longer limit the applicability of the GHG cap-and-trade program to an end date of Dec. 31, 2020.

  • The bill, AB 151, aims to support the state law that requires GHG emissions to be cut by at least 40% below 1990’s level by 2030.