Issues court-ordered do-over of alternatives to cap & trade
In response to a court ruling (which it’s still appealing), the California Air Resources Board today issued a new analysis of its proposed carbon trading program, weighed against several alternative means of reducing greenhouse gas emissions.
The fresh look includes the original five options, including cap & trade and the option of doing nothing at all. It does not add any new options but rather seeks to flesh out the other three. The non-trading options include regulating emissions at the source, implementing a straight-up tax on carbon emissions, and a mixed bag of actions. The reworked analysis expands discussion of those three alternatives from a few pages to more than 60. It will be up to the courts to decide whether the extra paper carries enough substance with it to comply with the California Environmental Quality Act. Continue reading Air Board Hands in its Homework






