Blog Archives - Page 56 of 57 - Pacific Forest Trust

California Invests Climate Funds in Forests, Natural and Working Lands

California 2014-15 budget makes historic investments in forests and other natural, working lands to reduce carbon emission and increase carbon storage to help achieve the state’s ambitious climate goals. The funding for these investments was generated by the auction of pollution allowances under the state’s cap and trade program created by AB 32.

Re: Accounting for Carbon Emissions from Forests

We are writing to express our deep concern as to the flawed science being used to justify certain budget proposals regarding expenditure under AB 32 fee revenues. California’s proposed budget includes recommendations for including thinning treatments as part of the expenditures under the Cap and Trade revenues.