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flag California extends cap-and-trade program to 2045, aiming to cut emissions and fund wildfire efforts.

flag California's cap-and-trade program, aimed at reducing greenhouse gas emissions, has been extended through 2045. flag The agreement, reached between Governor Gavin Newsom and state legislators, also includes measures to boost domestic oil production and stabilize gas prices. flag It sets up a fund to monitor pollution in disadvantaged communities and adds $18 billion to the wildfire liability fund. flag Some environmental advocates argue the deal doesn't go far enough.

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