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WHAT YOU NEED TO KNOW ABOUT: California’s Cap and Trade Policies

California’s cap-and-trade program—first established under AB 32—remains central to the state’s climate change strategy. With Gov. Gavin Newsom and lawmakers pushing a 15-year extension through 2045, the program faces new debates over emissions targets, offsets, and billions in revenue.

Download the full Pro Issue Analysis for a clear three-page snapshot of California’s cap-and-trade system, including the background, key players, and next steps shaping climate policy.

WHAT YOU NEED TO KNOW ABOUT: California’s Cap and Trade Policies

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