Press Coverage

May 17, 2012
by David R. Baker
SF Chronicle

Starting later this year, California's cap-and-trade system to fight global warming will generate billions of dollars in revenue, as companies buy and sell permits to produce greenhouse gases.

How should the money be used?

With the first permit auction scheduled for November, that question still hasn't been answered by Sacramento - not fully, at least. Now a series of studies, released Wednesday by the Next 10 public policy group, delves into the question's legal and economic implications, trying to assess which options would most benefit Californians.

May 17, 2012
by Craig Miller
KQED News Climate Watch

State rebates could offset electrical sticker shock, finds a new study

Forcing utilities to pay for their carbon emissions, as California plans to do, will mean more costly megawatts. Six months before formal compliance with the state’s new cap & trade system begins, regulators are still sorting out what to do about that.

May 17, 2012
by Melanie Turner
Sacramento Business Journal

Reports: Funding energy efficiency programs makes economic sense

Sacramento Business Journal by Melanie Turner, Staff Writer

As California policymakers discuss how to spend revenue generated by the state’s soon-to-be-launched carbon market, four related studies providing legal and economic analysis of different investment scenarios were released late Wednesday.

May 16, 2012
CBS San Francisco

SAN FRANCISCO (CBS 5) — Gov. Jerry Brown on Monday proposed additional, deep state budget cuts and warned once again that even more cuts lie ahead if voters in November reject his tax-hike initiative. As voters and lawmakers alike grapple with these proposals, Californians can try their hand at reducing the state’s budget gap — their own way.

April 19, 2012
by Kathleen Masterson
Capitol Public Radio

Next10 founder Noel Perry says forward-looking state policies and private investment in renewables have spurred the positive changes.

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