Democrats Chock-Full of Ideas on Spending Cap-and-Trade Cash

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State Senate leader Kevin de León says cap-and-trade money can't be spent on highways. Photo by Max Whittaker/KQED

By Marisa Lagos, KQED News/The California Report

Having money to spend isn’t exactly a problem in Sacramento. But when there’s cash, there are competing priorities — as evidenced by the 2015 battle over where to spend cash from California’s growing cap-and-trade fund.

At issue is more than $2 billion in revenue already raised from cap-and-trade auctions, money paid by California companies for credits to offset their greenhouse gas emissions.

Read the complete story at KQED News/The California Report.

To learn more about California’s cap-and-trade program, read the S.F. Public Press special report at http://tinyurl.com/p5obe6s.

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