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Checking the Math on Cap and Trade, Some Experts Say It’s Not Adding Up

By Julie Cart, CALmatters  As California accelerates its efforts to reduce greenhouses gases over the next decade, experts are pointing to vulnerabilities in its celebrated cap-and-trade system, weaknesses that could make the state’s goals difficult — even impossible — to reach. Cap and trade, featuring a market where permission to pollute is bought and sold, […]

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Lead Paint Makers Balk at Huge Bill for Toxic Cleanup — Instead They Want You to Pick Up the Tab

By Laurel Rosenhall, CALmatters Three companies found to have sold toxic lead paint for decades — despite knowing it posed health hazards for children — are waging a major battle to avoid paying the several hundred million dollars in liability that California courts have slapped on them. And they’re asking you, the California voter, to […]

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The Open Secret About California Taxes

By Judy Lin, CALmatters California’s tax system, which relies heavily on the wealthy for state income, is prone to boom-and-bust cycles. While it delivers big returns from the rich whenever Wall Street goes on a bull run, it forces state and local governments to cut services, raise taxes or borrow money in a downturn. During […]

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