CARB Faces Host Of Decisions After Lawmakers Back Post-2020 GHG Bill

Just-passed landmark legislation to extend California's greenhouse gas cap-and-trade program to 2030 presents state air regulators with a host of critical policy and regulatory choices about the program, which will have major implications for costs to regulated entities and consumers, the state's broader economy and how it reduces GHGs to meet declining emissions limits. Some of the decisions the California Air Resources Board (CARB) faces include the dollar amount for a new GHG allowance price ceiling; the number of allowances...