A nonprofit, nonpartisan media venture explaining California’s policies and politics

Laurel Rosenhall

California climate deal could net big bucks for polluters

The California Air Resources Board approved a paragraph, tucked within a 17-page resolution, that will likely result in benefits worth hundreds of millions of dollars for the oil and agriculture industries. It was the first domino to visibly fall as a consequence of behind-the-scenes dealmaking that produced a cap-and-trade program acceptable to both key environmental groups and major polluters.

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