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Budget Proposal Would Spend Cap and Trade Money

  •  Amy Quinton 
Wednesday, January 8, 2014 | Sacramento, CA | Permalink
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drosera88 via flickr
 

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As expected, Governor Brown wants to invest a large portion of money raised from carbon auctions on High Speed Rail. The proposal includes $300 million for construction and integration of the rail system that he’s pitched as an environmentally-friendly alternative to cars.

He also proposes investing in low carbon transportation, sustainable communities and clean energy.

“We also heard that they could exceed the 25-percent target for spending in disadvantaged communities which is a great thing since those communities are the ones that bear the brunt of pollution and are most vulnerable to climate change."

~Erica Morehouse with the Environmental Defense Fund

Brown also would repay $100 million of a $500 million loan taken from the cap and trade program to balance the state’s books last year. 

 

0114-Banner -Budget -1514

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 cabudget2014capitolenvironment

Amy Quinton

Former Environment Reporter

Amy came to Sacramento from New Hampshire Public Radio (NHPR) where she was Environment Reporter. Amy has also reported for NPR member stations WFAE in Charlotte, WAMU in Washington D.C. and American Public Media's "Marketplace."  Read Full Bio 

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