California has a tax system largely fixed in place during the Great Depression, in an industrial economy-setting unconcerned with environmental sustainability. Two questions about this tax system are posed here: First, can California find ways to raise the revenue it needs in the 21st century that are a better fit with our high-tech, service-based economy than is the current system? Second, can California's tax/fee structure be used to meet the state's greenhouse gas emissions under its AB 32 guidelines?

On Feb. 27, 2008, the New America Foundation and the University of California Center in Sacramento hosted a half-day conference with experts discussing these pressing questions. An MP3 audio recording of the full event, as well as presentation materials and conference articles released at this event, are available below.