Requires cap-and-trade revenue to be used to carry out the purpose of AB 32
STATUS: Signed by the Governor on 9/30/12
This bill would create a Greenhouse Gas Reduction account to deposit the revenue from the cap-and-trade program. This bill would also require that cap-and-trade revenue, upon appropriation by the Legislature, to be spent carrying out the purposes of AB 32, California Global Warming Solution Act of 2006. More information on AB 1532
Supporters (partial list):
AFL-CIO
American Lung Association
Breathe California
California Association of Local Conservation Corps
Coalition for Clean Air
Ella Baker Center
Environmental Defense Fund
Pacific Forest Trust
The Nature Conservancy
Trust for Public Land
Greenlining Institute
Natural Resources Defense Council
Opponents:
American Council of Engineering Companies of California
California Chamber of Commerce
California Grocers Association
California Manufacturers & Technology Association
California Metals Coalition
California Taxpayers Association
Can Manufacturers Institute
Chemical Industry Council of California
Western State Petroleum Association
