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Katy Grimes

How to Spend the Cap and Trade Riches, Part ll

Part ll in a two part series. Part l can be found here.

Last week I wrote about a recent Senate Budget Committee cap and trade hearing and the billions of dollars expected to be generated by the Air Resource Board’s cap and trade auctions.

One of the issued I posed was the original purpose of passage of AB 32, the legislation under which the cap and trade hearings are conducted.AB 32, California’s Global Warming Solutions Act of 2006, established the goal of reducing greenhouse gas emissions… Read More

Katy Grimes

Sacramento growth plan: more low-income housing

When the going gets tough, the tough go shopping. But not in downtown Sacramento. There isn’t anyplace to shop in Sacramento’s downtown any more, other than the one remaining Macy’s in the wilting Downtown Plaza shopping mall. But even that store is on the chopping block, should Mayor Kevin Johnson’s vision of a “world-class city” with a downtown arena, actually come to fruition.

But now, there is yet another new plan to “save” downtown and the K Street Mall.

The historic K Street Mall

K Street, along with J Street, was Sacramento’s original main street, chosen because it was the most direct route to Sutter’s Fort from the river.

During the gold rush, K Street became the main business street. Dry goods stores and hotels appeared along K Street to sell goods to new arrivals and miners. Many of Sacramento’s first fortunes were made… Read More