Reports

California’s Cap-and-Trade Reforms: October 2018 Comment Letter

California’s Cap-and-Trade Reforms: October 2018 Comment Letter

Near Zero comments on the serious risk that excess allowances in the cap-and-trade program will frustrate its ability to deliver the emission reductions called for in the 2017 Scoping Plan, a potential loophole in the proposed definition of “direct environmental benefits” for carbon offsets, and the need to work toward a science-based policy strategy.

Ready, fire, aim: ARB’s overallocation report misses its target

Ready, fire, aim: ARB’s overallocation report misses its target

The California Air Resources Board’s report on allowance overallocation in the cap-and-trade program does not address whether overallocation will cause the state to exceed its 2030 climate target—and also makes a fundamental methodological error that undermines the Report’s own conclusions.

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banner photo credit: veeterzy