31 Jan '18, 11pm

California makes big money from its carbon pricing program. Who gets it?

California makes big money from its carbon pricing program. Who gets it?

Gov. Jerry Brown recently unveiled a $1.25 billion plan to spend the money raised from California’s cap and trade program. It would put millions of electric cars on the roads, clear tinder from the state’s flammable forests, and replace exhaust-belching motors with cleaner engines. But, according to critics, it wouldn’t do enough for Californians hardest hit by fossil-fuel pollution. “In terms of allocating funding to disadvantaged communities, it falls real short,” said Emi Wang, environmental equity manager for the Greenlining Institute, a nonprofit working to give people of color a level economic playing field. In previous years, part of the cap and trade money was spent on creating parks, planting street trees , and helping low-income families make their homes more energy efficient . Brown’s latest budget would scrap all that. There’s also less money than anti-poverty ...

Full article: https://grist.org/article/california-makes-big-money-from...

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