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The Chevron refinery in Richmond on Feb. 21, 2024. Lawmakers early Wednesday released details of their plan to extend California's cap-and-trade program.
Loren Elliott / CalMatters
California legislative leaders in the wee hours of Wednesday morning reached an agreement with Gov. Gavin Newsom to extend the state’s greenhouse gas emissions reduction program, known as cap and trade, through 2045 — a contentious expansion that for weeks stewed in backroom discussions, held up other critical legislation and roiled insiders.
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