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: Legal Pad | LA

CA Carbon fees considered

By Richard Binder

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Attorney General Jerry Brown gets a car case dismissed, but global warming takes front and center yet again in California.

Air regulators today will consider leveling the nation's first statewide carbon fee on utilities, oil refineries and other industries as a way to pay for the state's landmark greenhouse gas emissions law.  If approved, the fee would raise $51.2 million annually for the next three years to fund the bureaucracy needed to implement California's 2006 global warming law. The total would drop to $36.2 million by the fifth year.

The fee would cost the average cement plant, for example, about $200,000 a year.

Click here for the full story.

Full post as published by Legal Pad | LA on June 25, 2009 (boomark / email).

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