What if they held a cap-and-trade auction and nobody showed up

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What if they held a cap-and-trade auction and nobody showed up? The brilliant budgeteers in California were planning on $500 million dollars from the auction to reduce their deficit, but the auction brought them a grand total of $55.8 million… 89% less than they predicted. Oops.

This post was last modified on January 31, 2021

J.P. Travis: Born and raised in Grand Rapids, Michigan, 1976 graduate of University of Michigan, father, grandfather, husband, founder and CEO of Travelyn Publishing (http://www.travelynpublishing.com/), and passionate anti-government believer in individual liberty.

View Comments (26)

  • Your only choice is to leave if you are not a living dead democrat. The democrat lemming voters will all keep running in the same direction, toward the financial cliff, no matter how bad it gets.

  • Nothing Kalifornia liberals do works....but do they get it? Noooooooooooooooooooooooooooooooooooooooooo.....

  • Expect more creative accounting in the very near future from the commiecrats in California. Next their will be some moonbat, leftwing, turd calling for a fence to keep the taxpayers in.

  • If Gov Moonbeam moron wouldn't have given Holly-weird $550 million earlier this year, he would have met his goal without having to have anyone show up. Hell he would have been up $50 million! I really got to move out of this state. Anyone want to buy my house?

    • The government of California is becoming an economic millstone around the neck of its citizens. Get out as soon as you can, the collapse is going to be nasty.

    • I'm guessing that's why nobody is buying California carbon offsets - they're moving out of the state instead. Liberals never seem to figure this shit out: Reno, Nevada, is full of warehouses because years ago California passed a draconian inventory tax that made it sensible for all the big companies to warehouse their stuff just across the border to avoid trhe tax and then truck it into California as it's needed. It's cost California thousands of jobs, but when I lived in Reno it was real handy because anything you buy online shows up on your doorstep the next day.