California air regulators update a key climate program, sparking pushback from environmentalists
California air regulators have updated a key climate program, prompting significant pushback from environmentalists who argue the changes weaken emission reduction efforts. The updated program allows for the distribution of free allowances to companies that invest in emission reduction projects, a move criticized for potentially undermining the program's original goals. Supporters claim the adjustments are necessary to balance climate goals with economic concerns in the state.
- ▪California air regulators updated the rules of a key climate program, leading to protests from environmental groups.
- ▪The changes allow the state to give away up to $3.5 billion in allowances to companies for emission reduction projects.
- ▪California's cap-and-trade program aims to reduce greenhouse gas emissions by 40% and 85% below 1990 levels by 2030 and 2045, respectively.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onCalifornia air regulators update a key climate program, sparking pushback from environmentalistsCalifornia air regulators have updated a key climate program FridayBySOPHIE AUSTIN Associated PressMay 29, 2026, 8:41 PM1:16FILE - Lights illuminate an oil refinery in Carson, Calif., May 29, 2024. (AP Photo/Damian Dovarganes, File)The Associated PressSACRAMENTO, Calif. -- California air regulators updated the rules of a key climate program on Friday in a move widely protested by environmental groups who said the changes would weaken the program and undercut efforts to curb planet-warming emissions.
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