AB 1207
Climate change: market-based compliance mechanism: extension.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Chaptered
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill extends California’s Cap-and-Invest program, a market-based system for reducing greenhouse gas emissions, until January 1, 2046. It requires the State Air Resources Board to continue using this program to meet emissions reduction goals, prioritizing cost-effectiveness and minimizing impacts on consumers and the economy. The bill also establishes a new compliance offset protocol task force and an advisory committee to guide the program’s development and ensure its effectiveness, while directing funds generated by the program towards climate mitigation efforts.
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