In California there is a process to reuse the carbon tax in the local communities. These include creating affordable housing and high speed rails. All of these lead to greener and cleaner air for everyone to breathe by cutting dependencies on gas powered vehicles with the help of introducing mass transportation.

Key Takeaways:

  • Senate President pro Tempore Kevin De León said the agreement will help combat the harmful effects of climate change already being felt by Californian citizens.
  • Under California’s current law, 60 per cent of the proceeds from California’s carbon auctions are allocated annually to spending on public transport, affordable housing, sustainable communities, and high-speed rail.
  • Under California’s current law, 60 per cent of the proceeds from California’s carbon auctions are allocated annually to spending on public transport, affordable housing, sustainable communities, and high-speed rail.

“But finally the stalemate was broken last Thursday and green initiatives from electric vehicle to urban forestry programmes are set to receive extra funding, once California Governor Jerry Brown approves the bill.”

https://www.google.com/url?rct=j&sa=t&url=https://www.businessgreen.com/bg/analysis/2469679/how-california-is-channeling-carbon-market-revenues-into-green-vehicles-clean-air-and-methane-reductions&ct=ga&cd=CAIyHDVhYzUwNjJkOWI1NjJhN2E6Y29tOmVuOkdCOlI&usg=AFQjCNHibRi3C9kRhijKv-bLQgZ24BJW4A

 

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