Energy Law
Aug. 29, 2013
Carbon auctions are illegal, business interests say
At a hearing Wednesday, the Chamber of Commerce and others argued an effort to raise billions of dollars on a carbon market is an illegal tax.
Daily Journal Staff Writer
SACRAMENTO - Business groups seeking to bar the state from raising billions of dollars in its groundbreaking carbon market tried to persuade a judge Wednesday that the state is collecting an illegal tax.
Sacramento County Superior Court Judge Timothy M. Frawley did not rule on that issue at the conclusion of a Wednesday hearing.
The California Chamber of Commerce, the National Association of...
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