Energy Environmental Blog

CA Carbon Tax

Written by Greg Russell | Jun 26, 2009 9:35:06 AM

As Congress considers the nation's first cap-and-trade legislation, California regulators are thinking about imposing the nation's first fee on carbon dioxide emitters as a means of funding the state's greenhouse gas emissions law, according to this article in the Mercury News.  If adopted, it would raise approximately $50 million annually to fund the regulatory program.