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CALIFORNIA ADOPTS ITS CAP-AND-TRADE PROGRAM FOR GREENHOUSE GAS EMISSIONS

Article Published by Stoel Rives   12/20/2010 Authors  Lee N. Smith  and Allison C. Smith  12/20/2010   After a full day of testimony and deliberation on December 16, 2010, the California Air Resources Board (ARB) adopted the state's Cap-and-Trade Program on a 9-to-1 vote. The Program is promulgated under the California Global Warming Solutions Act (A.B. 32) as a market-based compliance mechanism to help achieve reduction of the state's greenhouse gas (...

CALIFORNIA PUBLIC UTILITIES COMMISSION APPROVES RENEWABLE AUCTION MECHANISM
Source:   Stoel Rives Publication and Email Seth Hilton , Morten Lund and Brian Nese of Stoel Rives   12/21/2010   (Updated and revised to include deadlines for filing comments) On Friday, December 16, 2010, the California Public Utilities Commission unanimously approved a decision ("Final Decision") ordering a new tariff for a procurement protocol called the Renewable Auction Mechanism, or RAM. RAM applies to California's three largest investor-owne...