Washington—Senator Dianne Feinstein (D-Calif.) today issued the following statement in support of Governor Jerry Brown’s proposal to extend California’s cap-and-trade program through 2030:

“As the sixth largest economy in the world, California is proof that smart investments in clean energy reduces carbon emissions and stimulates economic growth. California’s economy is growing at the same time as the state uses less fossil energy and emits fewer greenhouse gases. I’m proud of the progress our state has made under the original cap-and-trade program, and I support efforts by Governor Brown and state leaders to extend it through 2030.

“This market-based approach allows us to combat climate change from two angles. It incentivizes the private sector to reduce its carbon footprint and the revenue generated is used to invest in programs that enable even further emission reductions.

“Extending the state’s landmark cap and trade program will demonstrate to the world that we remain committed to fighting climate change. As the Trump administration continues to retreat from our international partnerships, it’s more important than ever that California remains a global leader in combating climate change.”

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