Reuters: California Governor Jerry Brown has signed two bills related to the use of revenue raised through the sale of carbon allowances, although details of how the money will be spent won't be determined until next year. The bills are the first to address the estimated $660 million and $3 billion in revenue that will be generated during the first year of California's carbon cap-and-trade scheme, which begins in January. The first bill creates a new account for the revenue to be deposited into, and...
URL: http://www.reuters.com/article/2012/10/02/us-california-carbon-idUSBRE89108C20121002?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29
Enclosure: http://s1.reutersmedia.net/resources/r/?m=02&d=20121002&t=2&i=658959565&w=460&fh=&fw=&ll=&pl=&r=CBRE8910LVL00
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