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Reproduced from California Energy Policy Simulator; Chart: Axios Visuals

A new analysis finds that California is not on track to meet its 2030 greenhouse gas reduction targets absent new and toughened clean energy policies.

Why it matters: California has many of the nation's most aggressive programs, so the results shows the difficulty of achieving steep state-level cuts in that state and others adopting ambitious climate targets.

  • California also matters a lot because it's the world's fifth-largest economy and its emissions are the second-largest among U.S. states behind Texas.

But, but, but: The research firm Energy Innovation also lays out ideas for making the state's programs tougher in order to meet the target — changes the authors say would yield billions of dollars in economic and health benefits.

The big picture: The analysis — based on a state-specific version of the firm's "energy policy simulator" — shows that the state's existing policies and trends will drive down emissions but fall short of California's statutory target of 40% below 1990 levels by 2030.

What they found: The half-dozen policy recommendations include...

  • Changing the state's cap-and-trade program to make minimum pollution permit prices rise faster if emissions cuts aren't on pace for the 2030 target.
  • Boosting the state's zero-emissions vehicles goal to 7.5 million on the roads by 2030, up from the current 5 million target.
  • Creating a zero-emissions performance standard for industrial heating systems.

The bottom line: "California’s policymakers have a challenging job, working at the forefront of global climate action. In effect, they are inventing a sophisticated climate policy machine without obvious precedent," it states.

  • The study was funded by the nonprofit Aspen Global Change Institute.

Go deeper ... Climate change: California cities look to ban natural gas

Go deeper

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Illustration: Aïda Amer/Axios

China and Iran have negotiated a deal that would see massive investments flow into Iran, oil flow out, and collaboration increase on defense and intelligence.

Why it matters: If the proposals become reality, Chinese cash, telecom infrastructure, railways and ports could offer new life to Iran’s sanctions-choked economy — or, critics fear, leave it inescapably beholden to Beijing.

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Illustration: Aïda Amer/Axios

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House Judiciary Committee releases transcript of Geoffrey Berman testimony

Geoffrey Berman. Photo: Alex Wong/Getty Images

The House Judiciary Committee on Monday released the transcript of its closed-door interview with Geoffrey Berman, the former top federal prosecutor in Manhattan who was forced out by Attorney General Bill Barr last month.

Why it matters: House Democrats have seized on Berman's testimony, in which he claimed the attorney general sought to "entice" him into resigning so that he could be replaced by SEC chairman Jay Clayton, to bolster allegations that the Justice Department has been politicized under Barr.