California’s carbon-pricing program generated $36.2B for climate… | HappeningNow.news

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California’s carbon-pricing program generated $36.2B for climate initiatives: report

The Cap-and-Invest program deployed $15.5 billion for projects focused on clean air, energy efficiency and emissions reductions.

Source Summary Published July 30, 2026 Brief Under 1 min brief
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Summary

The Cap-and-Invest program deployed $15.5 billion for projects focused on clean air, energy efficiency and emissions reductions. Covered entities, including power plants, are required to surrender a tradeable permit for every metric ton of carbon they emit.

Read original at Utility Dive

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