Capitol Alert

The go-to source for news on California policy and politics

Fact check: Brown and high speed rail

09/04/2014 7:18 PM

09/05/2014 12:16 AM

Kashkari’s claim: Brown is causing gas prices to increase to fund the state’s high-speed rail project.

The truth: Oil industry groups are pressing Brown to delay expanding California’s cap-and-trade program to vehicle fuels in 2015 – a step they say will result in higher gas prices.

The carbon market is the centerpiece of Assembly Bill 32, greenhouse gas reduction legislation. Brown supports the 2006 law, which was passed long before he was governor – and utilities and big industrial polluters have been required to reduce emissions or buy allowances since 2012.

The Brown administration expects to generate about $550 million in proceeds from carbon auctions this budget year. Funds are earmarked for high-speed rail and other projects.

Capitol Alert staff

Amy Chance
Political editor
achance@sacbee.com
@Amy_Chance

Dan Smith
Capitol bureau chief
smith@sacbee.com
@DanielSnowSmith

Jim Miller
California policy and politics
Capitol Alert editor
jmiller@sacbee.com
@jimmiller2

David Siders
Brown administration
dsiders@sacbee.com
@davidsiders

Christopher Cadelago
California politics and health care
ccadelago@sacbee.com
@ccadelago

Laurel Rosenhall
Legislature, lobbying, higher education
lrosenhall@sacbee.com
@LaurelRosenhall

Jeremy B. White
Legislature
jwhite@sacbee.com
@capitolalert

Alexei Koseff
Insider Edition editor
akoseff@sacbee.com
@akoseff

 

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