Assemblymember Grayson Issues Statement on Extension of Cap and Trade

Monday, July 17, 2017

(SACRAMENTO) – Today, Assemblymember Timothy S. Grayson (D-Concord) released the following statement regarding the passage of AB 398: 

“I am pleased to support AB 398 to continue our Cap and Trade program beyond 2020 and ensure that we reach our 2030 climate goals in the most cost effective way possible. This bill clearly shows California’s leadership on global climate policies, and our strong commitment to the concepts of economic fairness and environmental justice.”

Grayson continued, “With this bill we are also ensuring that the Legislature will continue to have oversight over the program and CARB’s implementation. As our goals become increasingly ambitious it is critical that we protect our constituents and ensure that Cap and Trade delivers on its promise. I would also like to highlight the hard work that went into this measure by a bipartisan group of legislators. The group’s commitment to produce legislation that works for all Californians, rural, urban, coastal, and in-land, should be applauded and seen as a model for our colleagues in Washington D.C.”

AB 398 passed the Assembly 55-22 and will now head to Governor Brown for his signature.

Tim Grayson represents the 14th Assembly District that includes the communities of Benicia, Concord, Clayton, Martinez, Pleasant Hill, Vallejo, Pittsburg and Walnut Creek. For more information please visit the Assemblymember’s website, www.assembly.ca.gov/a14.

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