Public Meetings

Assembly Bill (AB) 32 Environmental Justice Advisory Committee (EJAC) August 16 Meeting Continued on September 3

Posted by CLR

The EJAC will be meeting of Friday, August 16, 2024, from 2:00 p.m. – 5:00 p.m. was interrupted due to a building wide power outage. The meeting will be continued on September 3, 2024, from 2:00 p.m. – 5:00 p.m. The Committee will be hearing a few items, including an update to its charter. Otherwise, the Committee will primarily be discussing topics that will be covered at a joint EJAC and CARB meeting on  September 12, 2024, including (1) Low Carbon Fuel Standard, (2) Carbon Markets: Cap-and-Trade Program, including Resolution Development Progress, and (3) Carbon Capture Utilization and Storage (CCUS) and Direct Air Capture (DAC).

The public may attend in person or remotely via zoom or phone. In person, the meeting will be held at CalEPA HQ Building, Sierra Hearing Room, Second Floor, 1001 ” I ” Street, Sacramento, California. For remote attendance, you may call or attend via zoom as follows:

New Information for September 3 Meeting:

Register: Zoom (please register ahead of the meeting)
Passcode: 085999

By Telephone: 888 363 4734 US Toll-free   
Conference code: 176024

August 16 meeting:

Register: Zoom (please register ahead of the meeting)
Passcode: 711638

By Telephone: 888 363 4734 US Toll-free   
Conference code: 176024

California Senate Hearings on Cap and Trade

Posted by CLR

On February 13, 2024, the Senate Environmental Quality joined the Senate Budget and Fiscal Review Subcommittee No. 2 on Resources, Environmental Protection and Energy, met to consider the new proposed “Cap and Trade Rulemaking” and to examine more closely why the state’s current cap-and-trade program is not on track to drive environmental justice and affordability outcomes by 2030. Staff produced a background paper to summarize the concerns. You can watch the hearing here.

May 16 EJAC Meeting to Consider CARB’s Regulatory Impact Assessment of New Regulations

Posted by CLR

AB 32 Environmental Justice Advisory Committee meet next on Thursday, May 16, 2024, at 1:00 PM – 5:00 pm. You can attend in person, on line, or by telephone. Details are here.

The meeting will focus on the economic impacts of the new cap and trade regulatory changes. The cost benefit analysis (Standardized Regulatory Impact Assessment or SRIA) was prepared pursuant to regulations adopted by the Department of Finance.

Table 1 from page 5 the SRIA sets out the costs and benefits predicted from the action, although it lumps them all together.

In total, it appears that the $79.4 – $82.8 billion costs of the program will be overshadowed by the $125.70 – $561.10 billion in benefits. Read the full report to understand the ranges, which are largely due to the differences in the proposed scenarios and the discount rate applied.

Open for Public Comment: 2023 Annual Report of the Independent Emissions Market Advisory Committee Open for Public Comment: 2023

Posted by CLR

The Independent Emissions Market Advisory Committee (IEMAC) is seeking public comment on its Sixth Annual Report to the California Air Resources Board (CARB) and the Joint Legislative Committee on Climate Change Policies on the environmental and economic performance of California’s carbon market
and other relevant climate policies.

Public comments should be sent to iemac@calepa.ca.gov by February 26.