The California Legislature ended its session on Saturday by voting to extend the state’s Cap-and-Trade program (renamed “Cap-and-Invest”) another 15 years, from 2030 through 2045. This program is a key element of California’s strategy to reduce greenhouse gas emissions, continue to fund transportation, and support investments that strengthen our infrastructure and communities. The deal also protects ongoing funding for the High-Speed Rail Project and transit operations expenses.
The extension will deliver continued investments in cleaner air and climate resilience, provide funding for major infrastructure improvements, and support good-paying jobs and communities across the state. The Cap-and-Invest program has proven to be a powerful tool for tackling climate challenges while ensuring California grows stronger and more sustainable. The program generates billions in revenue, drives infrastructure investment, and reduces emissions.
Rebuild SoCal Partnership proudly conducted a successful campaign advocating for extending the Cap-and-Trade program. Our campaign targeted Southern California’s legislators to ensure our message reached the decision-makers who could make a difference. Throughout our eight-week campaign, we delivered thousands of emails and hundreds of phone calls from constituents.. We are proud of our efforts supporting the High-Speed Rail Project, Transit and Intercity Rail Capital Program, and other critical transit projects throughout the state that will result in thousands of good-paying union jobs.
This extension is just the beginning of what’s possible when we fully commit to climate action and infrastructure investment. With this action, our state is positioned to make even greater progress in the years ahead, and we are pleased to have had a significant impact on this decision.
You can now watch all episodes of our new video podcast, On The Ground in LA: Rebuilding After the Fires, on our website.
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