This March 9, 2010 file photo shows a tanker truck passing the Chevron oil refinery in Richmond, Calif. It’s one of many industrial operations that are affected by the state’s cap-and-trade system of issuing and auctioning carbon dioxide emission allowances.
This March 9, 2010 file photo shows a tanker truck passing the Chevron oil refinery in Richmond, Calif. It’s one of many industrial operations that are affected by the state’s cap-and-trade system of issuing and auctioning carbon dioxide emission allowances. Paul Sakuma Associated Press file
This March 9, 2010 file photo shows a tanker truck passing the Chevron oil refinery in Richmond, Calif. It’s one of many industrial operations that are affected by the state’s cap-and-trade system of issuing and auctioning carbon dioxide emission allowances. Paul Sakuma Associated Press file
Dan Walters

Dan Walters

Observations on California and its politics

Dan Walters

Assembly OKs 2030 carbon goal, but cap-and-trade auction a bust

August 23, 2016 3:40 PM

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Dan Walters' column appears in dozens of California newspapers. He joined the Sacramento Union’s Capitol bureau in 1975 and in 1981 began writing the state’s only daily newspaper column devoted to California political, economic and social events. He and the column moved to The Sacramento Bee in 1984. Contact him at dwalters@sacbee.com or 916-321-1195. Twitter: @WaltersBee