Amid Opposition, California Regulators Approve Major Changes To Cap-And-Trade Program ^44.1%

KQED - By Adhiti Bandlamudi - 5/30/2026, 2:06 AM

Optimism Bias 15.7% - Appeal to Emotion 12.9% - Loss Aversion 12.5%

In a controversial move, state regulators on Friday approved major changes to California’s cap-and-invest program at a lengthy board meeting that transpired over the course of two days. The California Air Resources Board (CARB) voted to create a $4 billion fund for big polluters to invest in decarbonization projects. Climate, affordable... more