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Calif. Carbon Trading Market Opens for Business

Today marks a milestone in California's quest to combat climate change. The state is holding its first cap-and-trade auction, where companies will pay for permission to emit greenhouse gases. Reporter: Molly Samuel

• More: Five Reasons to Care About Cap and Trade
• More: Cap and Trade 101

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L.A. Unified Walks Back Cuts After Prop. 30 Win

California educators breathed a sigh of relief last week as the Proposition 30 tax measure for public education won on Election Day. In response, the Los Angeles Unified School District is rescinding major cuts to its classroom and employee calendars. Reporter: Adolfo Guzman-Lopez

Fresno to Pioneer Public Health Bonds

Fresno is set to become the first city in the nation to test the idea of using a municipal bond measure to improve the health of the community. The goal is to show that a systematic asthma prevention program can save the city enough money to interest private investors. Reporter: Alice Daniel