California's Cap and Trade Program: Global Focal Point for Climate Change Mitigation

03/05/2014 11:30 a.m. - 02:30 p.m.

Clean Technology and Environmental Litigation + Regulatory

Morrison & Foerster
425 Market Street
San Francisco, CA 94105

Speaking Engagement

Moderator:

  • William Sloan
    Partner, Morrison & Foerster LLP

Speakers:

  • Emilie Mazzacurati
    Managing Director, Four Twenty Seven
  • Christopher Busch
    Director of Research, Energy Innovation:
    Policy and Technology, LLC
  • Damon Franz
    Supervisor, CPUC
  • Louis Blumberg
    Director, California Climate Change team at The Nature Conservancy

After reviewing the results from the February 19th auction, our panelists will provide their insights regarding critical challenges and issues associated with California's Cap and Trade program, including:

  • Governor Jerry Brown plans for $850 million dollars of revenues for the GHG Reduction Fund in 2014-2015. What are some of the most viable programs to which these funds should be allocated?
  • What will be the impact of adding transportation fuels to the Cap and Trade program in 2015?
  • The United Nations efforts at “top-down” international treaties for reducing GHG emissions have had limited success. To what extent could “bottom-up” approaches, such as linking regional Cap and Trade Programs (e.g. between California and Quebec), be successful?
  • California’s Cap and Trade Program has withstood several legal challenges. What are the current and prospective legal issues?
  • What are the advantages and disadvantages of the proposed legislation to limit the use of offsets to those "originating and achieved within the state?”
  • The recent effort (AB 177) to replace California’s Renewable Portfolio System with a 2030 greenhouse gas emission (GHG) limit for electrical corporations and publicly owned electric utilities failed. What are the advantages and disadvantages of this approach, which Europe is also considering?

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