Considering Cap-And-Trade Details In Calif.

Law360, New York (March 3, 2011, 3:28 PM EST) -- In December 2010, the California Air Resources Board (CARB) adopted the nation’s largest greenhouse gas cap-and-trade program. Recent commentary on the program has quite understandably focused on a lawsuit by the Association of Irritated Residents (AIR) and, more particularly, on the potential for that lawsuit to force CARB to set aside its December approval of cap-and-trade.

The lawsuit focuses on whether CARB’s scoping plan for reducing GHG emissions was proper. On Jan. 21, 2011, Judge Ernest Goldsmith of the San Francisco Superior Court issued a tentative...
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