california ab 32

Climate Change Policy and the Importance of Getting it Right in California

August 2, 2013 by Robert Stavins

Why should sub-national climate policies exist? In the case of California’s Global Warming Solutions Act (AB 32), the answer flows directly from the very nature of the problem — global climate change, the ultimate global commons problem.[read more]

U.S. could have Cap & Trade by 2016 – if California succeeds.

November 12, 2012 by Jim Pierobon

Think the U.S. could use tens of billions of dollars of brand new revenue to address its budget and debt challenges? And do you think newly re-elected President Obama might take a run at a bonafide climate strategy as part of his legacy by 2016? If California's Cap-and-Trade system succeeds, the response to both of those questions might actually be 'yes'.[read more]

Can California Cap And Trade Program Help Bridge Solar Financing Gap?

September 24, 2012 by Joseph Romm

61.2 million greenhouse gas allowances go on sale November 14, in the first auction under California’s cap and trade program.  That means it’s about time to decide how we’re going to spend the revenues, which are projected to be somewhere between $660 million to $3 billion.  A billion of those dollars are already earmarked for...[read more]

Economists Voice Support for California Cap-and-Trade Auction

August 30, 2012 by Kristin Eberhard

Global Warming via Shutterstock

This week, nearly 60 renowned economists and other experts around the country sent a letter to Governor Jerry Brown emphatically voicing their strong support for the design of California’s groundbreaking cap-and-trade program, a key element of the Global Warming Solutions Act (AB 32).Sent just days before the expected simulated auction...[read more]

New Report Suggests Best Approach to Invest Cap and Trade Revenue

April 19, 2012 by Kristin Eberhard

California’s safest option for guarding against lawsuits over how it spends the billions anticipated from its landmark cap-and-trade program is to channel the auction revenue toward reducing greenhouse gas pollution and furthering the goals of its Global Warming Solutions Act (AB32), according to a recent analysis.The conclusion by the...[read more]

Evaluating California's Cap and Trade Programme

April 17, 2012 by Kristin Eberhard

The nation is closely watching as California prepares to launch its first auction of pollution credits in a groundbreaking cap-and-trade program to reduce greenhouse gas (GHG) emissions, and potentially raise billions in revenue that can be reinvested in programs to reduce pollution and expedite the State’s transition to a clean energy...[read more]