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In 2018, California spent $1.4 billion raised from its cap and trade program to reduce greenhouse gas emissions, out of $3.4 billion spent cumulatively since 2012; notable projects include California High-Speed Rail and the Clean Vehicle Rebate for low-emission vehicles. [65]
Legislators and Gov. Newsom did not heed warnings that adding new mandates on oil companies would drive them out of the state. One already has. The California Democrats’ oil strategy is a big bust.
Section 202(a)(1) of the Clean Air Act requires the Administrator of the EPA to establish standards "applicable to the emission of any air pollutant from…new motor vehicles or new motor vehicle engines, which in [her] judgment cause, or contribute to, air pollution which may reasonably be anticipated to endanger public health or welfare" (emphasis added). [3]
The Clean Air Act of 1963 (CAA) was passed as an extension of the Air Pollution Control Act of 1955, encouraging the federal government via the United States Public Health Service under the then-Department of Health, Education, and Welfare (HEW) to encourage research and development towards reducing pollution and working with states to establish their own emission reduction programs.
Roughly 13% of California oil and gas wells have been fracked at least once. Overall, permitted fracking operations accounted for just 2% of statewide oil production in 2021.
There is a diverse range of sources of supply and demand as well as trading frameworks that drive offset and credit markets. [45] Demand for offsets and credits derives from a range of compliance obligations, arising from international agreements, national laws, as well as voluntary commitments that companies and governments have adopted. [ 45 ]
The plan marks a continuation of the governor's campaign to blame the oil industry for high gas prices in California and another attempt by Newsom to jam legislation through the state Capitol.
The California Vehicle Code, informally referred to as the Veh. Code or the CVC , is a legal code which contains almost all statutes relating to the operation, ownership and registration of vehicles (including bicycles [ 1 ] and even animals when riding on a public roadway [ 2 ] ) in the state of California in the United States .