California Carbon Emission Legislation Strengthens
The California Air Resource Board worked on a scoping plan in 2009 as they pushed forward with the intention of reaching cost-effective and technologically feasible reductions for the state. It is proposed that by 2020, emissions are reduced by 25% as compared to those prevalent in 1990, the baseline year.
The most populous state has always set the bar when it comes to climate related activities and the California carbon emission legislation was seen as ahead of its time when passed in 2006. California has a lot to lose when it comes to climate change. It may account for a sizable proportion of the global warming emissions in the nation, but, according to the California Climate Change Center, if no action is taken, significant weather effects are likely. It is said that air quality would be significantly degraded, there would be a rise in the number of extreme heat events leading to significant drought and larger and more frequent wildfires would be likely.
AB 32, the California carbon emission legislation, was sold to the electorate on the basis of economic benefit, quite apart from the environmental attention and likely horror stories. It was said that up to $74 billion could be raised within the state's gross product if emission limits were met. This would, in addition, lead to as many as 89,000 new job positions.
California is the sixth largest global economy and any action taken here is sure to reverberate around the world. The state has always been a leader within the United States in enacting climate related measures, putting in place restrictions on big business accordingly.
All greenhouse gas emissions from major industries are the subject of California carbon emission legislation as set by AB-32. There are penalties for noncompliance and a number of mechanisms, including the "cap and trade" scheme, set to form the centerpiece of the law. Organizations should make sure that they understand exactly where they are likely to be impacted and get ready for full compliance.
The California Air Resource Board has approved its scoping plan for achieving the stated greenhouse gas emission reductions through the year 2020. Those organizations that take advantage of "early action" emission reduction measures must now be active. All affected organizations must realize that the market-based cap and trade system is likely to go into effect at the end of next year.
While California moves ahead, in national terms the loss of Democratic majority in the Senate will likely have far-reaching implications for nationwide climate laws at least during 2010. After the midterm elections we may expect more efforts to introduce a cap and trade program across the USA.
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