Newsom touts billions in climate spending through California's cap-and-trade program
Los Angeles Times -

Over the past decade, a signature California program that charges polluters for their planet-heating emissions has generated billions of dollars for state initiatives, and Gov. Gavin Newsom said Wednesday that these revenues are effectively helping to reduce pollution and combat climate change. “This is the backbone of our climate funding in this state,” Newsom said during a call with reporters. “It's a point of deep pride that we continue to be a model for the rest of the nation, and for that...

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