With California’s energy transition well underway with broad public--and now, federal-- support, how is the state transitioning from ambitious goal setting to the “Age of Implementation?” V
In this interview with VX News, Matt Horton, Director of the Center for Regional Economics and California Center at the Milken Institute, elaborates the opportunities to catalyze the climate and clean energy project pipeline and operationalize resilient economic development strategies across California.
Derek Chernow comments on impending rulemaking coming from the California Public Utilities Commission and how it will impact the rate of deployment of community solar in the state.
The conclusion of California’s Legislative session saw the adoption of ambitious new climate and energy legislation—including laws to set interim targets for 100% clean energy, regulate projects to remove carbon from the atmosphere and smokestacks, and approve buffer zones for new oil wells near communities. The aforementioned coincides with much of the State experiencing the dire effects of climate change and the health and resilience challenges wrought by extreme heat and wildfires.
Last month, a proposed statewide ballot initiative to increase taxes on incomes over $2 million to fund programs to reduce air pollution and prevent wildfires—Proposition 30, the California Clean Cars & Clean Air Act—qualified for the November ballot.
In a surprise move before Congress’ August recess, US Senate Majority Leader Schumer and Energy Committee Chair Manchin announced a deal on budget reconciliation—the Inflation Reduction Act.