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Chemical Industry Council of California

CalEPA IDs Communities Targeted for Cap-and-Trade Funds


Funds from greenhouse gas-reduction programs to benefit EJ communities - Posted 10/31/14
 

SACRAMENTO - The California Environmental Protection Agency today identified disadvantaged communities across California as priority targets for investments funded by the State's cap-and-trade program.

 

The State's 2014-15 budget authorizes investment of $832 million in cap-and-trade proceeds for energy efficiency, public transit, affordable housing and other greenhouse gas-cutting programs. At least 25 percent of those funds - more than $200 million - must be invested for the benefit of California's most disadvantaged communities.

 

CalEPA is designating the top 25 percent of census tracts in California as disadvantaged communities for the purpose of investing cap-and-trade proceeds.  See Regional maps of designated census tracts.  Click to read complete press release.

 

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