California Gov. Gavin Newsom extends cap-and-trade program aimed at curbing carbon emissions

(19 Sep 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
San Francisco – 19 September 2025
1. Newsom signs climate bills surrounded by supporters
2. SOUNDBITE (English) Gov. Gavin Newsom (D) California:
"We have made tremendous progress over the course of the last many weeks trying to reconcile these, you know, the simultaneous crisis that we have. This climate crisis, yes, crisis of democracy, growing crisis of confidence that people can deliver and deliver results. And I think what for me makes this day special, six bills that are all about the how, not about the what and the why."
3. Podium sign
4. Newsom signs climate bills surrounded by supporters
5. SOUNDBITE (English) Gov. Gavin Newsom (D) California:
"A lot of what we are signing today is about building on the reforms, the permitting and the zoning reforms, and land use reforms, and moving forward to get these large-scale projects done."
6. Newsom signs climate bills surrounded by supporters
7. SOUNDBITE (English) Gov. Gavin Newsom (D) California:
"We’re getting it done here today. So, finding a balanced approach. Setting forth strategies to achieve audacious goals that simply no other large scale jurisdiction in the world can lay claim to and doing it in a way that reduces the burden on rate payers and taxpayers at the same time."
8. Newsom speaking with reporters after event
9. SOUNDBITE (English) Gov. Gavin Newsom (D) California:
"And so California will continue to compete, will continue to make the case to be more competitive globally, not just across the United States. And there are billions and billions of dollars through 2045 in the cap and trade program that continue to make those infrastructure investments, but not the direct subsidies that we cannot make up for that were eliminated under the federal program."
10. Newsom taking photos with supporters
11. SOUNDBITE (English) Gov. Gavin Newsom (D) California:
"Biggest beneficiaries, the first phase of the high-speed rail of people that predominantly supported Donald Trump. But we don’t play politics. We do what’s right for working folks."
12. Newsom taking photos with supporters
13. SOUNDBITE (English) Gov. Gavin Newsom (D) California:
"It is remarkable the damage that Donald Trump and Republicans in Congress have done in terms of our, not just electric vehicle industry, but the tech stack that’s a big part of that. Anyone who’s traveled overseas knows what I am talking about."
14. Newsom taking photos with supporters

AP Video shot by Terry Chea
STORYLINE:
California Gov. Gavin Newsom on Friday extended a signature state program aimed at reducing planet-warming emissions through 2045, a move Democrats cheered but Republicans warned would raise gas prices.

The program known as cap and trade sets a declining limit on total greenhouse gas emissions in the state from major polluters. Companies must reduce their emissions, buy allowances from the state or other businesses, or fund projects aimed at offsetting their pollution. Money the state receives from the sales funds climate-change mitigation, affordable housing and transportation projects, as well as utility bill credits for Californians.

It was set to expire after 2030. The law Newsom signed Friday at the Morrison Planetarium in San Francisco potentially boosts carbon-removal projects and requires the program to align with California’s target of achieving so-called carbon neutrality by 2045. That means the state will remove as many carbon emissions as it releases. The law changes the name to “cap and invest” to emphasize that the money goes toward other programs.

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