Calif. Forges Ahead With Sweeping Climate Change Regs
By attorneys at Morrison & Foerster LLP (January 30, 2017, 12:24 PM EST) -- William M. Sloan
With federal climate change regulations facing an uncertain future, the California Air Resources Board recently released a far-reaching new plan to reduce the state's greenhouse gas (GHG) emissions 40 percent below 1990 levels by 2030. The "2017 Climate Change Scoping Plan Update" (scoping plan) proposes a 10-year extension of the state's carbon cap-and-trade program, in addition to new GHG emission regulations aimed at the refinery sector. But confronted with a pending lawsuit and linkage obstacles with other carbon trading systems, the Golden State's cap-and-trade program is not without its own challenges.
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