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ARTICLE · 27 SEPTEMBER 2011

Cap-And-Trade In California Is Imminent

Jones Day
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The California Air Resources Board ("CARB") has approved a supplemental environmental analysis of the Scoping Plan implementing California's Global Warming Solutions Act (AB 32).

United StatesEnvironment
Thomas Donnelly
Thomas Donnelly
Charles Hungerford
Charles Hungerford
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The California Air Resources Board ("CARB") has approved a supplemental environmental analysis of the Scoping Plan implementing California's Global Warming Solutions Act (AB 32). The supplement supersedes and replaces the project alternatives section of the environmental assessment (also known as the Functional Equivalent Environmental Document) previously approved by CARB. CARB also reapproved the 2008 Scoping Plan. Both actions were taken by CARB at its public hearing held on August 24, 2011. These two actions increase the likelihood that CARB will approve final regulations for a California cap-and-trade program by October 28, 2011. If the regulations are approved as currently written, the cap-and-trade program will begin in January 2012.

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