California Plans to Extend Cap-and-Trade Amid Federal Investigation

California Gov. Gavin Newsom and state Democratic legislative leaders on April 15 announced they will seek to extend the state’s cap-and-trade emissions reduction program, part of which was set to expire in 2030.
The announcement came a week after President Donald Trump issued an executive order to investigate state energy policies, including California’s initiative, for possible constitutional violations.
In a joint statement, Newsom, along with state Sen. Mike McGuire, the state Senate president pro tem, and state Assembly Speaker Robert Rivas, said that they are “doubling down on cap-and-trade” programs to counter the Trump administration’s “attempts to derail state climate efforts.”…