20 Apr '17, 11pm

Disadvantaged communities identified for #CAClimateInvestments funded by #capandtrade

Funds received from the cap-and-trade program are deposited into the Greenhouse Gas Reduction Fund and appropriated by the Legislature. They must be used for programs that further reduce emissions of greenhouse gases. Senate Bill 535 (De León, Statutes of 2012) directed that at least a quarter of the proceeds go to projects that provide a benefit to disadvantaged communities and at least 10 percent of the funds go to projects located within those communities. The legislation gives CalEPA the responsibility for identifying those communities.

Full article: http://www.calepa.ca.gov/envjustice/ghginvest/

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