Preserving the Emissions Impact of Voluntary Renewable Electricity under the Cap-and-Invest Program

This letter urges the California Air Resources Board (CARB) to amend proposed cap-and-trade rules. Without changes, voluntary renewable energy purchases will no longer reduce overall emissions. The signatories recommend a small, limited allowance set-aside (5.5 million credits through 2030) to preserve the environmental integrity and credibility of voluntary green power investments.