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The proposal was drafted as two measures, the ClimateProtection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. International sources.
The Sustainable Communities and ClimateProtection Act of 2008, Senate Bill (SB) 375, was passed into law in 2008. Even more will be needed to achieve Governor Brown’s new carbon neutrality goal by 2045. —“2018 Progress Report”.
Industry belched out smoke and sludge with little fear of legal consequences or bad press. It is an imperative because all the nations have signed for net carbon zero. It means supporting Indigenous Peoples, local communities, and others being hit hardest by the pollution, climate and biodiversity crises. There is no choice.
Cantwell said that cap-and-trade had been discredited by the Wall Street crisis, the Enron scandal and the rocky start to a carbon credits trading system in Europe that has been subject to dizzying price fluctuations and widespread fraud. Senators Lindsey Graham (R-S.C.), John Kerry (D-Mass.) and Joseph Lieberman (I-Conn.)
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