From the LA Times:
California’s cap-and-trade program survives a legal battle in a win for Gov. Jerry Brown and environmentalists
A cornerstone of California’s battle against climate change was upheld on Thursday by a state appeals court that ruled the cap-and-trade program does not constitute an unconstitutional tax, as some business groups had claimed.
The 2-1 decision from the 3rd District Court of Appeal in Sacramento does not eliminate all the legal and political questions that have dogged the program, which requires companies to buy permits to release greenhouse gases into the atmosphere.
This will continue to increase the cost of doing business in the state.
From the Sac Bee:
The state Legislature on Thursday passed a sweeping $52 billion transportation plan that will raise California gas taxes after leaders struck deals with wavering lawmakers to fund road projects in their districts.
The state Senate voted 27-11 and the state Assembly voted 54-26 – the bare minimum two-thirds margins required for a tax increase. The votes took place shortly after Gov. Jerry Brown met with Senate Democrats behind closed doors during a recess from the floor session.
The legislation will raise the money to pay for the plan over 10 years. It raises the base gasoline excise tax by 12 cents, creates a transportation improvement fee based on the value of a vehicle and raises diesel excise and sales taxes.
Watch businesses will be motoring out of California faster than before as the cost business and cost of living continues to climb beyond reason,