The new chair of the Senate Environmental Quality Committee, Sen. Michael Rubio (D-Shafter), plans to reintroduce his bill at the end of this year that establishes a regulatory system for carbon capture and sequestration. \u201cWe need a regulatory framework to allow us to see if this is a viable technology,\u201d Rubio told Current. His reintroduced measure, like last session\u2019s SB 1139, is to apply to carbon that is captured and sequestered to recover oil. He said drilling for oil will continue, but pushing fossil fuel out of the ground with captured carbon is more efficient and less environmentally harmful than conventional oil recovery. Also at the top of his legislation to-do list, is a measure expected to detail how the revenue from the California Air Resources Air Board cap-and-trade auction is to be allocated. The first of the quarterly auctions is set for Nov. 14. Annual auctions are estimated to generate between $600 million and $3 billion. Much to Rubio\u2019s consternation, the first round of funds are to be used to backfill the state budget gap.