California Passes Bill Setting Clean Power Goals, Rejects Cap & Trade Review

California lawmakers have approved legislation setting aggressive new renewable energy targets leading up to 100 percent zero-carbon power by 2045, but they rejected a bill requiring air regulators to periodically review whether to tighten the annual credit budget for the state’s greenhouse gas cap-and-trade program. “Today’s vote brings California one step closer to 100% clean energy. This bill sets important benchmarks so that we build more renewable energy now and ensures that state agencies lead by example in the transition...