California's Billions in Cap-and-Trade Funds: Advocates Call for Enhanced Public Awareness and Strategic Investment

California is increasing investments to reach its ambitious net-zero carbon pollution target by 2045. A recent report from the California Air Resources Board (CARB) reveals the state has channeled $33 billion from its cap-and-trade initiatives into various communities. However, advocates express concerns regarding the lack of awareness among residents about the program and its advantages. Many argue that current investments do not sufficiently address the significant issues faced by Black Californians and marginalized communities. P. Anthony Thomas, a prominent figure at the Thomas Advocacy Group, emphasizes that while cap-and-trade is beneficial, it requires more strategic implementation to effectively serve all demographic groups. Governor Gavin Newsom reinforced the program's economic benefits, advocating for its extension amidst federal pressures to relax climate control measures.