Reports

Ready, fire, aim: ARB’s overallocation report misses its target

Ready, fire, aim: ARB’s overallocation report misses its target

The California Air Resources Board’s report on allowance overallocation in the cap-and-trade program does not address whether overallocation will cause the state to exceed its 2030 climate target—and also makes a fundamental methodological error that undermines the Report’s own conclusions.

California’s Cap-and-Trade Reforms: March 2018 Comment Letter

California’s Cap-and-Trade Reforms: March 2018 Comment Letter

At a workshop earlier this month, ARB released its initial thinking on how to implement the post-2020 market design reforms required by AB 398. We comment on ARB’s overall market design proposal and proposed interpretation of AB 398 offsets limits.

Interpreting AB 398’s carbon offsets limits

Interpreting AB 398’s carbon offsets limits

The California Air Resources Board has released its initial thinking on how to incorporate new limits on the use of carbon offsets in its post-2020 cap-and-trade market design, as required by AB 398. We review two key issues here.

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banner photo credit: veeterzy