AB32, the “Global Warming Solutions Act of 2006″ is a California law that mandates the state to reduce greenhouse gas emissions to 1990 levels by 2020. Though it arguably has spurred innovation in the clean tech sector, critics suggest it has held back job growth in traditional manufacturing, hampering economic recovery. Now, an oil industry funded effort to repeal AB32 is in the works. This page is a collection of our latest stories on the subject.
With California’s robust program for AB 32 set to launch in 2012, its cap-and-trade component has recently been a source of litigation, political posturing, and in many cases, misperceptions. Triple Pundit Guest Authors Jeff Cohen and Alex Rau tackle these misperceptions. Drawing on success of the Federal acid rain program, and echoing recent advocacy by business leaders and the Clean Economy Network, the authors make the case for cap-and-trade in California.
The following open letter is a part of the Presidio Graduate School’s Capital Markets course. For one of the course assignments, students write a letter to an oversight body, government entity or other appropriate institution. The topic: changing the sector of capital markets that relates to their chosen topic so it reinforces principles of sustainability. [...]
Editor’s Note: The following is a non-sponsored guest post by Gary Fazzino, Applied Materials. We enjoy periodically bringing corporate voices to the 3p audience and invite your comments and thoughts. California has a long tradition of leading innovation – and the clean energy technology sector is no different. While the clean energy debate in Congress [...]
“The King is dead! Long live the King!” I never really understood what that phrase meant – until now. Supporters of carbon markets witnessed the death of any potential for a climate bill in the US, at least until after the 2012 election. The Chicago Climate Exchange, a voluntary emissions exchange platform built as the [...]
Passage of this proposition would effectively repeal the landmark Clean Energy Law, AB32. In anticipation of AB32 being implemented, the group has seen a boom of clean energy technology businesses that has created more than 500,000 new jobs and $9.1 billion in private equity investments to our state. In fact, clean technology jobs are growing at a rate 10 times the average of other industries.
What do Philip Morris, Chevron, Anheuser-Busch, and ConocoPhillips have in common? They’re all enjoying the darkened recess in which their anti-taxpayer, anti-public health, anti-environmental Proposition 26 is hiding while Prop 23 steals the spotlight (and most of the good guys’ contributions) in the battle over clean tech in California. And they’re all supporting it by [...]
Ed Note: We’re reposting Bill Roth’s earlier interview with Marin Energy Anuthority Chair Charles McGlashan because of it’s relevance to the ongling ballot initiative Proposition 23. It was originally posted August 4th. AB32 is California’s pioneering legislation signed by the governor in 2006 that caps greenhouse gas emissions by 2020. I am proud to have [...]
AB32 puts legal mandates on businesses in the State of California to lower green house gas emissions by the year 2020. Proposition 23 attempts to stall or even halt the implementation of AB32. With the attempts to hinder AB32, can AB32 truly be enforceable? If the law is unenforceable, what can be done to lower [...]
An anti-Proposition 23 ad by Edward James Olmos’ for the National Resources Defense Counsel (NRDC) appeared on YouTube in July in English and Spanish. Olmos said in the ad, “Don’t let polluters from Texas tell us how to live.” Considering Olmos is a household name, the ad is a great campaign tactic.
Sure, seeing former Secretary of State George Shultz come out against Proposition 23, the November ballot measure that would stop California’s landmark emissions-reduction law (AB32) in its tracks, might have raised some eyebrows. But Shultz has been actively pushing for energy independence and the increased use of renewable energy, so really, his support of AB32 is no surprise. [...]
A measure on California’s November ballot, Proposition 23, would suspend AB 32, also known as the Global Warming Solutions Act of 2006. AB 32 set targets for reducing the state’s greenhouse gas emissions. The list of people, companies and organizations against Proposition 23, reads like a who’s who of California. First, let’s start with people, [...]
Thanks to a ballot initiative waged by a group called the California Jobs Initiative, California voters will decide in November whether to move forward with implementation of the state’s landmark emissions reduction law, the Global Warming Solutions Act (AB32), even though it was signed into law in 2006. But if the initiative, Proposition 23, fails, the [...]
The Yes on 23 Committee, a.k.a. the California Jobs Initiative, a.k.a. the November ballot initiative Proposition 23 which would suspend AB32, California’s climate change law, became $2 million richer yesterday. The funding came through $1 million donation from Flint Hills Resources, a subsidiary of Koch Industries, and another $1 million by another oil refiner, Tesoro, reports [...]
An ongoing debate exists in this country and around the world about whether or not the need to transition away from dirty fuels and toward a clean energy economy is truly pressing. I’d like to simply make the case here that we’re playing with fire, not in a “touchy-feely, climate change is bad” kind of [...]
By Dan Heffernan Its going to be an interesting November. Polls show huge gains by the minority republican party nationwide. Incumbent Senator Barbara Boxer is fighting for her political life in a tough race against Carly Fiorina. Jerry Brown is looking for another reign as California’s governor, after a few decades “break”. And Californians have [...]
A video interview published by Triple Pundit of Cisco DeVries, founder Renewable Funding by Bill Roth, founder of Earth 2017 and author of The Secret Green Sauce on Federal Housing Authority actions that has stopped PACE, a local program creating jobs, lowering electric bills and restoring the environment through providing loans for investments in energy efficiency and solar power that are paid back through property taxes on a building or home.
by Lee Barken The winds of change are blowing across the climate change policy landscape. With legislation stalled in the Senate, attention now shifts to state and regional initiatives. In California, the Global Warming Solutions Act, better known as AB32 and passed in 2006, establishes a statewide mandate for Greenhouse Gas (GHG) reductions, including participation [...]
Marin Energy Authority of California is the first utility in the country to source over 75% of its electricity supply from non-fossil/non-nuclear generation. Further, it delivers this energy to homes and businesses at prices that beat the local utility’s price for electricity sourced principally from nuclear and natural gas powered plants. Charles McGlashan is an [...]
November is just 15 weeks away, and the battle over Proposition 23, a ballot measure that would suspend the implementation of California’s landmark climate change legislation, AB32, is heating up. The NRDC has started a YouTube campaign and a policy group, called the Bay Area Council, held a forum on AB32 on Thursday evening to [...]
Larry Goldenhersh, CEO of Enviance, argues that should California voters uphold AB 32, we will witness a transformation of energy policy—the Normandy invasion of climate change.
Back in May, the California Jobs Initiative submitted to California’s Secretary of State’s office more than 800,000 signatures in support of a ballot measure to stall implementation of the state’s 2006 landmark law designed to reduce greenhouse gas emissions. Since that’s nearly double the number of signatures required for a measure to make the ballot, [...]
Last week I reported that a battle over whether to suspend AB32, California’s landmark greenhouse gas reduction legislation, would be rendered “moot” by the passage of the climate bill now being weighed by the Senate, known as the American Power Act. As it turns out, that was an exaggeration, a fact pointed out by both commenters [...]
The prospects of the Senate climate bill introduced Wednesday are not great. A plethora of politicians and pundits — in fact, seemingly everyone but co-sponsors John Kerry and Joe Lieberman — have expressed deep reservations that the bill has a shot in the current political climate. But if the American Power Act should pass, it would [...]
I served as a corporate sponsor of AB32, California’s pioneering legislation that was passed in 2006 setting a 2020 goal for reducing greenhouse gas (GHG) emissions by 20%. One reason for doing so was my analysis as a professional economist that renewable energy is a path for America’s prosperity, including job growth. A ballot initiative [...]
A campaign to suspend California’s landmark greenhouse gas law, known as AB32, has succeeded in gathering enough signatures to put the question on the November ballot. The California Jobs Initiative gathered over 800,000 signatures in support of their ballot initiative, almost twice the amount needed. The initiative seeks to suspend AB32, which puts a cap [...]
As the battle over whether to suspend California’s landmark climate law, known as AB32, continues, new accusations of conflict of interest and underhanded financial reporting have emerged. In the latest turn, the lead economist on a report finding that the bill would do little harm to job creation has been linked to a political campaign trying to [...]
The merits and/or pitfalls of deploying and/or repealing California’s landmark climate law, AB32, have been argued, it seems, eight ways to Sunday. But while most of the recent arguments and research focus on how the law will impact our economy and employment numbers, the public health and environmental justice implications have been largely overlooked. But [...]
After getting heat from police, public safety groups and transportation agencies, the California Air Resources Board (ARB) decided to drop an impending requirement for automakers to incorporate heat-blocking coatings on windows, which decreases the need for air conditioning and makes cars more fuel efficient. This so-called Cool Cars initiative was to be implemented as part [...]
The California Environmental Protection Agency Air Resources Board (ARB) has just released an updated economic analysis of California’s Climate Change Scoping that forecasts robust economic growth as the state continues implementing AB32—the Global Warming Solutions Act of 2006—focusing primarily on energy efficiency and fuel diversification measures. The ARB is charged with bringing AB32 from paper [...]
You might want to start taking notes on the effort in California to shelve the state’s landmark emissions control legislation, the Global Warming Solutions Act (aka AB32). It’s getting interesting. First off, the Sacramento Bee reports that papers filed today in Sacramento identify Scott Folwarkow, Valero’s director of government affairs in California, and Jon Coupal, [...]
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