Associated Press/Photo by Jeff Chiu

Signs and Wonders 11.21

by Warren Cole Smith
Posted 11/21/12, 11:17 am

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Associated Press/Photo by Ric Francis (file)

Cap and tax begins

Environment | California launches a massive greenhouse-gas taxing scheme over local business protests
by Daniel James Devine
Posted 11/20/12, 10:24 am

During a time of economic instability, California has rolled out the second largest “cap-and-trade” program in the world. On Monday the California Air Resources Board (CARB) released the results of its first quarterly auction, held Nov. 14, where it sold credits to major California companies that emit greenhouse gases as a byproduct of business activity.

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Associated Press/Photo by Rich Pedroncelli

California Democrats gain supermajority

by Angela Lu Fulton
Posted 11/09/12, 05:35 pm

Democratic lawmakers in California appear to have captured a supermajority in the state Assembly and the Senate, which will allow them to pass tax legislation without votes from Republicans.

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