The following excerpt appeared in the Pasadena Star-News, San Gabriel Valley Tribune and Inland Valley Daily Bulletin on August 27, 2017. To read the full article, click here.
Legislators believe they found a way to close gap in Glendora-to-Montclair Gold Line extension – Pasadena Star-News/San Gabriel Valley Tribune/Inland Valley Daily Bulletin
By Steve Scauzillo
August 27, 2017
Local legislators have asked the state for $280 million to complete funding for the $1.48 billion extension of the Gold Line light rail from Glendora to Montclair, set to begin work in October.
The money would come from an unusual source not normally used to build mass transit projects: the Cap and Trade Greenhouse Gas Reduction Fund.
Cap and Trade funds are generated when companies such as oil refineries and manufacturers exceed their allotted levels of greenhouse gas emissions and must buy permits. These permits are auctioned by the state. State officials estimate the pot will grow to $1.4 billion for the 2017-2018 fiscal year.
State Sen. Anthony Portantino, D-La Canada Flintridge, said building more rail lines will take cars off the roads, reducing air pollution and greenhouse gas emissions. GHGs contribute to global climate change, which results in rising temperatures, extreme weather and rising sea levels.
“There is a statewide effort to increase the transit portion of the Cap and Trade dollars. I think we are in a good position,” Portantino said during an interview Friday.
Portantino — along with state Sen. Connie Leyva, D-Chino and Assemblyman Freddie Rodriguez, D-Pomona — wrote a letter to state Sen. Bob Wieckowski, chair of the Senate Budget Subcommittee and the Senate Environmental Quality Committee, as well as Sen. Holly Mitchell, D-Los Angeles and Senate Pro Tem Kevin de Leon, D-Los Angeles.
To read the full article, click here.