April 2 -- Nearly 12 million Californians will get a discount on their power bill this month, in October and twice per year next year, too.
Utilities bought or were given carbon credits last year under California's cap and trade system. Those that increased their supply of green energy had fewer emissions. That meant they had more credits to sell on the cap and trade market. The billion dollars in sales will go to rate payers for investor-owned utilities. >>View Article