In The News: “Fuel, energy prices raise the pressure as California officials take next steps on climate” — Los Angeles Times
Clean and Prosperous California Executive Director Clayton Munnings was quoted in the Los Angeles Times as California regulators advanced a major update to the state’s cap-and-invest program, drawing scrutiny from lawmakers, industry groups, and environmental advocates. The proposal, led by the California Air Resources Board, would tighten emissions caps and adjust free allowances as part of the state’s broader climate strategy, but some legislators who previously supported the program now warn it could increase costs for consumers and energy sectors.
Munnings described the proposal as a “strong starting point” but emphasized the need to better balance emissions reductions with affordability, particularly for electricity customers. He noted that the carbon market has remained stable despite proposed allowance cuts and suggested regulators still have room to strengthen the program while ensuring it delivers on its promise to lower utility bills.
Read the article from the Los Angeles Times: https://www.latimes.com/environment/story/2026-03-13/fuel-energy-prices-raise-pressure-on-californias-climate-goals.