Move by California climate regulators could net big bucks for polluters
(WorldNews Politics)

Against the sparkling backdrop of sailboats bobbing on San Francisco Bay, Gov. Jerry Brown last month signed a bill extending California`s cap-and-trade program, assuring that the most high-profile piece of the state`s fight against climate change persists for another decade. In a Sacramento hearing room two days later, the California Air Resources Board approved a paragraph, tucked within a 17-page resolution, that will likely result in benefits worth hundreds of millions of dollars for the oil and agriculture industries. ......