Webinar Announcement: Lowering California's Electricity Prices Using Revenues from the Cap-and-Invest Program

What 

Clean & Prosperous California webinar featuring new economic analysis by Dr. Kyle Meng (Associate Professor of Economics at UC Santa Barbara and Former White House Senior Climate Economist). 

When 

May 21st at 1 PM PT. Zoom is provided upon registration through this link. This is the first in a series of webinars that Clean & Prosperous California will be hosting this summer. 

Details 

Join Clean & Prosperous California in conversation with Dr. Kyle Meng about his new economic analysis on reducing California's high electricity costs using revenues from California’s cap-and-invest program. Among other things, Dr. Meng’s research shows reallocating $1.2 billion used for California Climate Credit payments toward direct rate subsidies could lower electricity prices by 4-7% for all households, 13-19% during high-usage summer months, or 27-44% for low-income households. This webinar will offer additional economic insights into California's electricity affordability challenges and discuss innovative policy solutions, including expanding the California Climate Credit.