After a full day of testimony and deliberation on December 16, 2010, the California Air Resources Board (ARB) adopted the state’s Cap-and-Trade Program on a 9-to-1 vote. The Program is promulgated under the California Global Warming Solutions Act (A.B. 32) as a market-based compliance mechanism to help achieve reduction of the state’s greenhouse gas (GHG)
California Election Results Provide Endorsement for Renewable Energy
A legal update from our colleagues Seth Hilton, John McKinsey and Allison Smith:
The results are in on the California election, and it’s supportive of renewable energy. The two most important developments: Jerry Brown prevailed over Meg Whitman in the gubernatorial race and Proposition 23 failed. The election appears to have been, in part, an affirmation of California’s quest to expand its use of renewable energy.
Proposition 23 would have suspended the California Global Warming Solutions Act (AB 32) until the state’s unemployment rate dropped to 5.5% or less for four consecutive quarters. Given that California’s current unemployment rate is about 12% and the unemployment rate has been below 5.5% for four consecutive quarters only three times since 1980, Proposition 23 would have likely halted the implementation of AB 32 indefinitely. AB 32 mandates a reduction in greenhouse gas emissions to 1990 levels by 2020. More importantly for the renewably energy industry, the current mandate for 33% of the state’s electricity to come from renewable energy resources by 2020 hinges almost entirely on AB 32. The California Air Resources Board (ARB), pursuant to its authority under AB 32 and following the edict of Governor Schwarzenegger’s Executive Orders S-21-09 and S-14-08, is implementing a "33% by 2020" renewable energy standard (RES).…
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EPA Issues Proposed RFS2 Rules for 2011
The EPA has issued proposed RFS2 rules for 2011 that provide some indications that the agency is dedicated to jump starting the advanced biofuels industry.
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Discussion on Kerry Lieberman and EPA with William Brent
Here is a Q&A I did with William Brent, the head of Weber Shandwick’s cleantech practice and blogger at www.mrcleantech.com:
WB: I asked my friend Graham Noyes of law firm Stoel Rives who focuses his practice on bioenergy projects, federal energy incentives and carbon monetization for his thoughts on the Kerry Lieberman bill.
Global Principles and Criteria for Sustainable Biofuels
The Roundtable on Sustainable Biofuels last week released Version 0.0 of its Global Principles and Criteria for Sustainable Biofuels Production.
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