Business group joins case against cap-and-trade auction
By Christopher Arns, Sacramento Business Journal
Business groups like NFIB are preparing for a court case challenging California's cap-and-trade emissions auction.
Business groups have been busy getting ready for the first hearing in a lawsuit challenging California’s cap-and-trade emissions auction.
The National Federation of Independent Business filed a motion this week to intervene in the case, which was filed by a group of firms led by Morning Star Packing Company in Sacramento Superior Court.
The federation claims the auction, which sells carbon allowances to companies that need to offset their greenhouse gas emissions, is an unconstitutional tax because the state’s 2006 landmark climate change legislation, Assembly Bill 32, didn’t authorize them.
Business leaders have generally opposed the auction, which is managed by the California Air Resources Board, and think small businesses will be adversely affected.
Visit the Sacramento Business Journal to read more about the case.
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