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AB-151 California Global Warming Solutions Act of 2006: market-based compliance mechanisms.(2017-2018)

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Date Published: 01/11/2017 08:55 PM
AB151:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Assembly Bill No. 151


Introduced by Assembly Members Burke and Cooper
(Coauthors: Assembly Members Low and Rubio)

January 11, 2017


An act relating to greenhouse gases.


LEGISLATIVE COUNSEL'S DIGEST


AB 151, as introduced, Burke. California Global Warming Solutions Act of 2006: market-based compliance mechanisms.
The California Global Warming Solutions Act of 2006 designates the State Air Resources Board as the state agency charged with monitoring and regulating sources of emissions of greenhouse gases. The state board is required to approve a statewide greenhouse gas emissions limit equivalent to the statewide greenhouse gas emissions level in 1990 to be achieved by 2020 and to ensure that statewide greenhouse gas emissions are reduced to at least 40% below the 1990 level by 2030.
The act authorizes the state board to include the use of market-based compliance mechanisms and to adopt a regulation that establishes a system of market-based declining annual aggregate emissions limits for sources or categories of sources that emit greenhouse gases, applicable from January 1, 2012, to December 31, 2020, inclusive, as specified.
This bill would state the intent of the Legislature to enact legislation that authorizes the state board to utilize a market-based compliance mechanism after December 31, 2020, in furtherance of the statewide greenhouse gas emissions limit of at least 40% below the 1990 level by 2030.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 It is the intent of the Legislature to enact later legislation to achieve the maximum technologically feasible and cost-effective reductions in greenhouse gas emissions in furtherance of the statewide greenhouse gas emissions limit target of at least 40 percent below 1990 levels by 2030, pursuant to Section 38566 of the Health and Safety Code, by authorizing the State Air Resources Board to use a market-based compliance mechanism beyond the year 2020.