Press Release: CA Cap-and-Invest Reauthorization a Significant Milestone Toward Linkage of California, Québec, and Washington Carbon Markets
This joint press release from Clean & Prosperous California and Clean & Prosperous Washington highlights California’s September 13, 2025, vote to reauthorize its cap-and-invest program through 2045.
“Lawmakers send Newsom a high-stakes energy overhaul tied to wildfires, utilities and oil” — CalMatters
CalMatters reported that Governor Gavin Newsom closed the legislative year with a sweeping six-bill energy and climate package centered on extending California’s cap-and-trade program, which was rebranded as “cap-and-invest,” through 2045.
Executive Director Clayton Munnings Testifies Before the Senate Standing Committee on Environmental Quality — Digital Democracy/ CalMatters
On September 11, 2025, Executive Director Clayton Munnings testified in strong support of AB 1207 on behalf of Clean and Prosperous California in the Senate Standing Committee on Environmental Quality hearing on environmental legislation.
In The News: “California leaders race toward deadline for cap-and-trade deal” — The Sacramento Bee
Clean and Prosperous California’s Clayton Munnings was quoted in The Sacramento Bee as California lawmakers worked to finalize a deal to extend the state’s cap-and-trade program before the end-of-session deadline.
Press Release: Sluggish Auction Results — Market Still Waiting for Leadership to Recommit to California’s Cap and Trade Program
CAP California Press Release on August 2025 Auction Results
Over 40 organizations echo findings from Clean and Prosperous California
Over 40 businesses and organizations echo Clean and Prosperous California findings
In The News: “Businesses urge California to extend climate program immediately” — E&E News by POLITICO
A coalition of more than 40 businesses, including oil majors Shell and Phillips 66, as well as utilities Pacific Gas and Electric and Southern California Gas, is urging California lawmakers to reauthorize the state’s cap-and-trade program before the Legislature adjourns on September 12.
In The News: “Invest or Trade” — POLITICO
CAP California Press Release on August 2025 Auction Results
In The News: “Stakes are high for California’s signature climate program” — Los Angeles Times
Clean and Prosperous California Executive Director Clayton Munnings was quoted in the Los Angeles Times as lawmakers negotiated whether to extend the state’s cap-and-trade program beyond its 2030 expiration.
Tom Steyer Echoes Clean and Prosperous Report, Calls for Reauthorization and Extension
Tom Steyer Echoes Clean and Prosperous Report, Calls for Reauthorization and Extension
Governor Newsom Highlights Clean & Prosperous California Report on Lost Revenue
Governor Newsom Highlights Clean & Prosperous California Report on Lost Revenue
In the News: “California lost $3B by delaying cap-and-trade overhaul, report says” — POLITICO Pro/ Climatewire
California may have lost up to $3 billion in potential revenue from the cap-and-trade program over the past year because of weak auction results, according to a new report published by Clean and Prosperous California.
In the News: “California has lost up to $3B in cap-and-trade revenue over past year: Report” — The Hill
In the News: Future of California's cap-and-trade in question.
In the News: “California lost $3B by delaying cap-and-trade overhaul, report says” — E&E News
California lost $3B by delaying cap-and-trade overhaul, report says - E&E News by POLITICO.
In the News: “Time is money, and cap-and-trade is running low on both” — POLITICO
“Now is not the time to be horse-trading with climate change”
Webinar Announcement: The Past, Present, and Future of the California Cap-and-Trade Program
Webinar Announcement:
The Past, Present, and Future of the California Cap-and-Trade Program
Webinar Announcement: Lowering California's Electricity Prices Using Revenues from the Cap-and-Invest Program
Webinar Announcement:
Lowering California's Electricity Prices Using Revenues from the Cap-and-Invest Program
Press Release: Clean and Prosperous California Launches to Support Climate Action and Economic Prosperity
Clean and Prosperous California Launches to Support Climate Action and Economic Prosperity
In The News: “The ports are not OK” — POLITICO
Clean and Prosperous California Executive Director Clayton Munnings and Board Members Emily Wimberger and Joe Nation were featured in a POLITICO California Climate roundup, highlighting the launch of the nonprofit to “to spread the gospel of carbon markets.”