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Tag: carbonmarket

US Politics

The Great California Capitulation: How Political Expediency Gutted a Climate Beacon

California's landmark cap-and-trade program, designed to slash greenhouse gas emissions, has been critically weakened by recent regulatory changes that provide billions in free pollution permits to major companies and slash funding for climate initiatives. This reprehensible capitulation to Big Oil represents a staggering betrayal of environmental justice and the state's democratic commitment to a sustainable future, placing the health of our planet and the integrity of our institutions on the auction block for political convenience.