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.