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American Banker By Neil Haggerty A new House subcommittee planned by Democrats to focus on diversity in banking and financial inclusion is getting high marks not just from public interest groups but also industry groups that say it could foster… Continue reading
From Politico’s California Pro Preview
TRANSIT FOR ALL? Speaking of buses, should California eliminate fares for public transit?
Assemblywoman Lorena Gonzalez (D-San Diego) suggested as much in a Twitter thread that turned into a makeshift bill-crafting session Thursday.
Gonzalez said she “just spoke with the Gov-elect about my desire to use cap and trade funds to make public transit free for all riders under 25. (A pilot program to start.) He didn’t say yes, but he didn’t say no either.”
In response to a suggestion that those with means should still pay, she added: “I actually think it should be free, especially for younger folks. We need to grow transit riders, and transit should serve our school aged kids … a generation of change is necessary to reduce tailpipe emissions & GHG.”
Alvaro S. Sanchez of the Greenlining Institute environmental equity team said his group has “the same idea and would love to help!” Carter Rubin, mobility and climate advocate with the Natural Resources Defense Council, added that he’s “happy to help.”
The cap-and-trade program has generated about $9.4 billion so far, which has been spent on a panoply of programs including rail upgrades, low-emission freight and buses, transit-adjacent housing and methane capture at dairies. Roughly a quarter of the proceeds are reserved for the state’s high-speed rail project, and another 35 percent are reserved for disadvantaged and low-income communities.
11 San Joaquin Valley Communities Dependent on Wood or Propane for Heat Get Urgently Needed Help Contact: Bruce Mirken, Greenlining Institute Media Relations Director, 510-926-4022; 415-846-7758 (cell) Valerie Gorospe, Center on Race, Poverty & the Environment, 661-303-1032, firstname.lastname@example.org SAN FRANCISCO, CALIFORNIA –… Continue reading
The Mercury News By John Woolfolk A federal regulatory ruling Wednesday aimed at protecting consumers from text-messaging spam may also help California mobile phone users avoid a proposed state texting tax. The California Public Utilities Commission has proposed a surcharge… Continue reading
KCRA By David Manoucheri California has led the nation in the push to electrify the vehicles on its roads. Several bills trying to eliminate the sale of gas-powered vehicles by the end of the next decade have been attempted, though… Continue reading
Modern Healthcare By Tara Bannow Ever since Jesse Arreguín learned Sutter Health was considering closing its Berkeley hospital ahead of a 2030 deadline to meet California’s seismic standards, the city’s mayor has led a campaign to save the hospital. The… Continue reading
Consumer Affairs By Mark Huffman From the start, the proposed merger of T-Mobile and Sprint has never been popular with consumer advocates. This week, 14 consumer groups joined forces to oppose it. Leaders from the 14 organizations signed a letter to… Continue reading
Bankrate By Amanda Dixon There’s no point in creating a product or service targeting the unbanked — unless it’s designed with their specific needs in mind. Data recently in October by the Federal Deposit Insurance Corp. indicates that 6.5 percent… Continue reading
Small Business Exchange Online By Denise Garcia I come from a community — Pacoima, California — and a family where love, humor, and culture ensure my people’s survival. Mine is a family of home-cooked enchiladas, loud and long-lasting dance fiestas,… Continue reading
Adopts New Strategy to Help Disadvantaged Communities Participate in Clean Energy Transition Contact: Bruce Mirken, Greenlining Institute Media Relations Director, 415-846-7758 (cell) Strela Cervas, California Environmental Justice Alliance Statewide Organizing Director, 213-284-4923 SAN FRANCISCO, CALIFORNIA – Today the California Public… Continue reading