Region: California
The Future of California’s Suburbs
Here is my cross-post about Wendell Cox’s “California Declares War on Suburbia” published in today’s WSJ. His piece raises a classic issue in urban economics. Why do so many Americans like the suburbs? How much do they prefer the suburbs to living at high density near pubic transit nodes? If urban planners nudge people …
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CONTINUE READINGAllowance distribution in California’s cap-and-trade program (Part II: Industry)
Yesterday I developed a basic overview of the different categories of allowances in California’s GHG trading program. As promised, this post considers the number of allowances that California will freely give to specific industries. Why do we care about industry allowances? First, allowances have value and the Air Resources Board (CARB) has chosen to give …
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CONTINUE READINGOn the risks of CEQA exemptions
In the course of a very good post about the benefits of environmental review statutes such as CEQA, Jonathan ascribed to me the position that “policymakers should [not] continue to look for useful exemptions to CEQA” based on a prior post that I had written opposing recent (now enacted) legislation creating limited exemptions from CEQA …
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CONTINUE READINGAllowance distribution in California’s cap-and-trade program (Part I)
Yesterday, I described California’s GHG cap-and-trade auction and the likely constraints on the auction clearing price. Today I want to switch gears to the allowance distribution. As summarized in our recent paper on California’s auction revenue, once you know the number of allowances available at auction and the auction clearing price, you can estimate revenue. …
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CONTINUE READINGU.C. Davis Issues Nitrates in Drinking Water Study
The University of California at Davis has issued an important new study assessing the public health hazards associated with nitrates in California drinking water. The study, led by U.C. Davis Professors Thomas Harter and Jay Lund, contains some important and disturbing findings. The full study can be found here, the Executive Summary here. The new …
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CONTINUE READINGAuction prices in California’s cap-and-trade program
This week, the Emmett Center released a new paper on the potential legal constraints on revenue generated from California’s upcoming greenhouse gas (GHG) cap-and-trade auction. In that paper, we provide a general overview of the cap-and-trade auction mechanism and discuss the potential revenue raised. I would like to expand on that discussion in a series …
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CONTINUE READINGWill California’s cap-and-trade program get 85% of its reductions from offsets?
Will California’s greenhouse gas (GHG) cap-and-trade program meet 85% of its required reductions with offsets? That is the claim made in a complaint recently filed in a California Superior Court, seeking to throw out California’s offset regulations. (Citizens Climate Lobby v. CARB.) The complaint cites a NY Times article from 2011, in which someone from …
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CONTINUE READINGPeter Douglas, RIP
Peter Douglas, who did more than anyone else to preserve the California coastline, has died at the age of 69. Rick and I discussed his retirement a few months ago here and here. He will be sorely, sorely missed.
CONTINUE READINGNew paper on California’s cap-and-trade auction revenue
The Emmett Center on Climate Change and the Environment has just released a new paper that describes how California law may limit the ability of California’s legislature to allocate revenue from the upcoming cap-and-trade auctions. Written by fellow bloggers Cara Horowitz, Sean Hecht, Ann Carlson and myself, the paper is titled Spending California’s Cap-and-Trade Auction …
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CONTINUE READINGHow CEQA Saved Mono Lake
Environmental lawyers and policy wonks know that the California Supreme Court’s famed decision in Nat’l Audubon Soc’y v. Superior Court, better known as the Mono Lake case, saved California’s second-largest lake from drying up. And to some extent this is true: I am working on a full-length book about the case, and so far that story seems to check out. …
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