Letter to CARB on setting the cap in California’s cap-and-trade program

Comments relating to the establishment of the cap in California’s cap-and-trade program. We are troubled by CARB’s proposal to set the cap in 2012 at the level of expected actual emissions, i.e. a level that achieves no reductions. The implication of setting the cap at expected actual emissions is that the price of allowances will …

Letter to CARB On Emissions Leakage Issues in a Cap-and-Trade Program

Letter commenting on issues relating to emissions leakage in a California cap-and-trade program. Minimizing the shifting of emissions out of California in a way that reduces the net decrease in global greenhouse gas emissions due to California’s programs is a statutory requirement of AB 32 and an important design objective in any cap-and-trade program. And …

Climate Change Policy In California: Balancing Markets Versus Regulation

Climate policy in California has been at the forefront in the North American effort to fight global warming. California has been a leader in energy policy for decades. The paper explores the state’s energy policy over the past few decades, as well as the economic, psychological, and institutional factors that support the emerging best practice. …

Letter to Claudia Orlando, California Air Resources Board, in support of Scoping Plan Changes to support voluntary renewable energy purchases

We applaud the Air Resources Board (ARB) for changing its Scoping Plan to specifically recognize that voluntary renewable energy set-asides could contribute to California’s climate goals by providing an incentive for voluntary purchases of renewable energy and additional reductions in the pollution responsible for global warming. This letter focuses on the topic of the use …

Letter to Claudia Orlando, California Air Resources Board supporting off-the-top approach to voluntary renewable energy purchases in a California cap-and-trade program

CRS is in agreement with and supports the comments calling for the set aside and retirement of allowances for voluntary renewable energy purchases (also known as an off-the-top approach to voluntary renewable energy purchases) submitted separately by the coalition of public interest nonprofit groups and renewable energy industry stakeholders.