CARB’s Cap and Trade Discriminates – No Payoff
06/11/2012 1 Comment
The Sac Bee has the details in a AP story HERE.
The groups filed a complaint Friday against the California Air Resources Board charging that minority groups will be disproportionately harmed by the program that allows polluters to discharge more emissions by buying credits from other less-polluting industries.
If I recall this is the second suite that has been filed by environmental groups against the implementation of AB-32’s Cap and Trade. The first time because CARB did not conduct a CEQA analysis on the environmental impacts, especially minority group impacts. The Court ruled that CARB could go forward with the program after some modification to the Cap and Trade implementation plan. Now, environmental groups have filed another complaint against CARB’s Cap and Trade scheme to create a multi-billion dollar environmental slush fund.
When you peal back the layers, the real issue here is not environmental protection it is more about assuring that the environmental agencies filing the complaint get access to the Cap and Trade slush fund. They want CARB to buy them off with an assurance they will have access to the billion dollar slush fund. It is all about the money.