Success! California's Cap-and-Trade Program Lives to See Another Decade

After months of worrying, weeks of wrangling, days of despairing, and hours of hoping, SBC is happy to report that California’s Legislature voted to extend our state’s signature Cap-and-Trade (C&T) program to 2030.

The agreement reached on Monday night, July 17, ensures that California will continue its leadership role in reducing harmful carbon emissions while supporting business growth that some people expect will bump the state up to the 5th largest economy in the world this year.