California cap-and-trade overhaul helps high-speed rail, hurts transit
- Posted on May 23, 2026
- By San Francisco Chronicle
- 0 Views
- 1 min read
California cap-and-trade overhaul helps high-speed rail, hurts transit
California’s cap-and-trade climate program will raise less money from polluters as the state focuses on affordability. Available funds will go first to high-speed rail and the state budget.