As the California Air Resources Board begins the cap-and-trade auctions mandated by AB 32, the Orange County Register's Robert Ming reports experts predict this anti-global-warming program will increase energy costs by billions of dollars, increase the cost of virtually everything else, trigger lost business activity and push major employers out of the state.

Click Here to read the article.

Associated Press reports the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal.

Click Here to read the article.

J.E. Dyer of Hot Air examines the failure of carbon permits and the "carbon trade" in Europe and why it will prove to be a suicide plunge for California.

Click Here to read the story.

Canada Free Press reports on two new studies that are predicting economic devastation in California as the myriad regulation and costs resulting from AB 32 are predicted to cost state residents $35 billion in 2020 due to increased energy prices.

Click Here to read the article.

Despite hitting continuous roadblocks, Reason.com reports that Governor Brown is still adamant that the California High Speed Rail project go forward, going so far as to suggest using cap-and-trade revenues to fund it.

Click Here to read the article.