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Alex Chen

Senator Steinberg Proposes Cap-and-Trade Climate Strategy

Greenbelt Alliance was a guest at today’s announcement of California Senate President pro Tem Darrell Steinberg’s proposed multi-billion dollar climate strategy at MacArthur Station. Steinberg’s plan [PDF, April 2014] would dedicate cap-and-trade revenue from AB 32, the California Global Warming Solutions Act of 2006, toward transportation and housing. In the Bay Area, this could go a long way toward helping our region reduce our greenhouse gas emissions.

We support a long-term and equitable strategy for investing cap-and-trade proceeds in transformational transportation, housing, and natural resource conservation that achieves the goals of SB 375, the Sustainable Communities and Climate Protection Act of 2008, and leads to sustainable economic development and improved public health.

Greenbelt Alliance is focused on addressing a single challenge—how the Bay Area handles growth—and we are committed to making sure the right kind of development happens in the right places.

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