Viewpoints
Opinion

New Trump Executive Order Threatens California’s Climate Ambitions

New Trump Executive Order Threatens California’s Climate Ambitions
A generating station in Sun Valley, Los Angeles, in this file photo. David McNew/Getty Images
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Commentary

President Donald Trump has announced his intention to shut down California’s cap-and-trade program, which raises revenue for the state and reduces greenhouse gas emissions. If successful, the Trump administration will deal a major blow to California’s ambitions to be a climate change policy leader by starving multiple state programs of funds, but success is by no means guaranteed.

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Marc Joffe
Marc Joffe
Author
Marc Joffe is a fellow at California Policy Center. He has previously covered California High-Speed Rail for Reason Foundation and the Cato Institute, where he was a federalism and state policy analyst. After a long career in the financial industry, including a senior director role at Moody’s Analytics, he transitioned to policy research, having worked until recently at Reason Foundation. Joffe’s research focuses on government finance and state policy issues.
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