cap-and-trade
Guest Bloggers Amy Vanderwarker and Kay Cuajunco: Equity at the Center: SB 775 and AB 378 Create New Path Towards More Equitable, Effective Climate Policy
By Prioritizing Equity, We Fight Climate Change, Improve Local Air Quality and Public Health, and Deliver Economic Benefits
California is at a crossroads in our strategy to fight climate change. With the current form of cap and trade due to end in 2020, our state is deciding to what extent carbon pricing will play a role in meeting the 2030 targets enacted in 2016, and if so, what the program will look like. …
CONTINUE READINGGuest Blogger Dallas Burtraw: Three Revisions Not to Overlook in California’s New Cap-and-Trade Proposal, SB 775
The Proposal Would Eliminate Allowance Banking and Offsets, and Add a Border Adjustment Mechanism
The California cap-and trade-program is already the most rigorous and best-designed allowance market in the world. Its purpose is to reduce greenhouse gas emissions that contribute to climate change. But now the program requires adjustments for political and legal reasons. These adjustments will be a vitally important legislative decision – for the state and the …
CONTINUE READING“California Alone” Should Not Govern State Climate Policy
SB 775 Turns California Inward and Diminishes Its Role As Global Leader
Last week, Senator Bob Wieckowski (D-Fremont) introduced a new bill, SB 775, that would replace California’s cap-and-trade system with a new approach to regulating California’s greenhouse gas emissions beginning in 2021. There is much to admire in the new bill, including an aggressive pricing approach that would ensure that California’s carbon price remains high. The …
Continue reading ““California Alone” Should Not Govern State Climate Policy”
CONTINUE READINGThe Future of California’s Greenhouse Gas Cap and Trade Program After 2020: A Conversation
Posts on Legal Planet Over the Coming Week, Linked Here, Will Address Pending California Legislation on Cap and Trade from Multiple Perspectives
This post is the preface to a series of posts by multiple authors (including guests) over the coming week (starting May 9) about the future of the state’s cap and trade program for greenhouse gases. Two bills, AB 378 and SB 775, are being debated by the environmental and environmental justice communities, and our bloggers …
CONTINUE READINGCourt of Appeal Confirms California Cap-and-Trade is Not a Tax
It’s voluntary and it provides valuable commodities to purchasers
With the feds backsliding (or worse) on climate regulation, the efforts of California and other states to tackle climate change are especially prominent and critical. So it’s a welcome time for today’s good news for California climate regulators: The state court of appeal has rejected industry’s challenge to California’s cap-and-trade program. That program is one …
Continue reading “Court of Appeal Confirms California Cap-and-Trade is Not a Tax”
CONTINUE READINGCalifornia Appellate Court Hears Arguments in Cap-and-Trade Program Challenge
Court of Appeal Justices Appear Inclined to Reject Industry’s Constitutional Attack on State’s Cap-and-Trade Auction System
On Tuesday, the California Court of Appeal in Sacramento heard oral arguments in the most formidable legal challenge to the State of California’s ambitious, multifaceted efforts to reduce greenhouse gas emissions. That challenge takes the form of two cases, consolidated on appeal: California Chamber of Commerce v. California Air Resources Board and Morning Star Packing v. California Air …
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CONTINUE READINGMy Environmental Law Wish List For A California Legislative Super-Majority
Tuesday could give Democrats enough seats to make a major impact on environmental policies
The presidential election next week is making most of the news these days, but while the rest of the country flirts with electing Donald Trump as the next president, California is going its own progressive way. The Republican Party has been all but completely marginalized in this state, for a variety of demographic reasons and …
Continue reading “My Environmental Law Wish List For A California Legislative Super-Majority”
CONTINUE READINGCap and Trade’s Future in California, Redux
Litigation, AB 197 and Politics May All Have an Influence
Two days ago, I posed a series of questions about what AB 197 might mean for the future of cap and trade in California but never really answered the question of whether we’re likely to see a continuation of the program going forward post-2020. Eric posted his view this afternoon that he is relatively pessimistic …
Continue reading “Cap and Trade’s Future in California, Redux”
CONTINUE READINGThe future politics of cap-and-trade in California
It doesn’t look so good for the oil and gas industry
As Ann and Ethan both noted, two major pieces of climate legislation were passed by the California legislature this week, and Governor Brown has promised to sign both bills. Overall, the legislation extends the state’s greenhouse gas reduction goals (which were originally to reach 1990 levels of emissions by 2020) out to a 40% reduction …
Continue reading “The future politics of cap-and-trade in California”
CONTINUE READINGDoes AB 197 Mean the End of Cap and Trade in California?
Language Directs the Air Resources Board to Prioritize Direct Emissions Reductions
As Ethan’s post recounts, the California Assembly today passed AB 197, a bill linked to SB 32, which extends California’s climate goals to 2030 and requires emissions reductions by that year of 40 percent below 1990 levels (see my post from yesterday describing the bills and how they are linked). The passage of the two …
Continue reading “Does AB 197 Mean the End of Cap and Trade in California?”
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