CALIFORNIA CLIMATE BILL BACKERS SEEK TO ALLAY FEARS OVER GHG REGISTRY

Sponsors of controversial legislation in California to set a greenhouse gas (GHG) emissions cap on multiple industry sectors are attempting to calm major stakeholder fears that the bill jeopardizes the state's five-year-old voluntary GHG reporting registry. The uncertainty over the registry's future is increasing anxiety among some participants that their early voluntary reporting efforts may not be acknowledged in a future mandatory state program, or that a state scheme may upset reporting and verification procedures they have used for the...