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California Voters Reject Higher Bar To Spend Cap & Trade GHG Funding

June 08, 2018
California voters have rejected an initiative that would have raised the bar for legislators to approve spending from revenue under the state's greenhouse gas trading program in 2024 and potentially beyond, while approving $4.1 billion in bonds for natural resources improvement projects, including climate adaptation. "The vote to defeat Proposition 70 sends a message that our communities will not stand for polluter-backed attacks at a time when the climate crisis is worsening and we need bold, transformative action," said Diane...


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