BILL ANALYSIS                                                                                                                                                                                                    �



                                                                AB 527
                                                                       

                      SENATE COMMITTEE ON ENVIRONMENTAL QUALITY
                              Senator Jerry Hill, Chair
                              2013-2014 Regular Session
                                           
           BILL NO:    AB 527
           AUTHOR:     Gaines
           AMENDED:    May 7, 2013
           FISCAL:     Yes               HEARING DATE:  June 26, 2013
           URGENCY:    No                CONSULTANT:      Rebecca  
           Newhouse
            
           SUBJECT  :    WESTERN CLIMATE INITIATIVE, INC.

            SUMMARY  :    
           
            Existing law  : 

           1) Under the California Global Warming Solutions Act of 2006  
              (CGWSA), requires the California Air Resources Board (ARB)  
              to determine the 1990 statewide greenhouse gas (GHG)  
              emissions level and approve a statewide GHG emissions limit  
              that is equivalent to that level, to be achieved by 2020,  
              and to adopt GHG emission reduction measures by regulation,  
              and sets certain requirements in adopting the regulations.   
              ARB may include the use of market-based mechanisms to  
              comply with these regulations. (Health and Safety Code  
              �38500 et seq.).

           2) Requires that the California membership of the board of  
              directors of the Western Climate Initiative, Incorporated  
              (WCI, Inc.) include one ex officio non-voting member  
              appointed by the Senate Rules Committee, one ex officio  
              non-voting member appointed by the Speaker of the Assembly,  
              the Chairperson of the ARB, or their designee, and the  
              Secretary for Environmental Protection, or their designee  
              (Government Code �12894).
               
           3) Requires that the ARB provide notice to the Joint  
              Legislative Budget Committee of any funds over $150,000  
              provided to the WCI, Inc., or its derivatives or  
              subcontractors, no later than 30 days prior to the transfer  
              or expenditure of the funds (GC �12894).










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           4) Requires the ARB Chairperson and the Secretary for  
              Environmental Protection to report every six months to the  
              Joint Legislative Budget Committee on any actions proposed  
              by the WCI, Inc. that affect the state government or  
              entities within the state (GC �12894). 

           5) Defines "link" or "linkage" to mean an action taken by the  
              ARB or other state agency that results in acceptance of  
              compliance instruments by the State of California, issued  
              by any other governmental agency, for purposes of  
              demonstrating compliance with a market-based compliance  
              mechanism (GC �12894).

           6) Prohibits a state agency from linking with any other state,  
              province, or country unless the state agency notifies the  
              Governor and the Governor makes the following findings (GC  
              �12894):

              a)    The jurisdiction has adopted program requirements for  
                 GHG reductions, including requirements for offsets,  
                 which are equivalent to or stricter than those required  
                 by the CGWSA.

              b)    The state of California is able to enforce the CGWSA,  
                 and related statutes, against any entity subject to  
                 regulation under that statute, and against any entity  
                 located within the linking jurisdiction to the maximum  
                 extent permitted under the federal and state  
                 constitutions. 

              c)    The proposed linkage provides for enforcement of  
                 applicable laws by the state agency or linking  
                 jurisdiction of program requirements that are equivalent  
                 to or stricter than those required by the CGWSA.

              d)    The proposed linkage and related participation of  
                 California in WCI, Inc. does not pose significant  
                 liability on the state for any failure associated with  
                 the linkage.

           7) Requires the above findings consider advice from the  
              Attorney General, and that the Governor issue the above  
              findings within 45 days of receiving notice from the state  









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              agency (GC �12894).

           8) Under the Bagley-Keene Open Meeting Act (Act), requires  
              state boards, commissions, committees, panels, and  
              councils, meeting certain criteria and that are required to  
              hold official meetings, to publicly notice their meetings,  
              prepare agendas, accept public testimony and conduct their  
              meetings in public, unless specifically authorized by the  
              Act to meet in closed session (GC �11120 et seq.).
           9) Exempts WCI, Inc. and the appointees when performing their  
              statutory duties related to the WCI, Inc. from the  
              requirements of the Bagley-Keene Open Meeting Act (GC  
              �12894).

            This bill  :  

           1) Removes the Bagley-Keene Open Meeting Act exemption for the  
              WCI, Inc.

           2) Requires that a contract between the state and the WCI,  
              Inc. be subject to audit by the California State Auditor. 

            COMMENTS  :

            1) Purpose of Bill  .  According to the author, "Currently,  
              actions taken by WCI, Inc. are not subject to the  
              Bagley-Keene Open Meetings Act. AB 527 would remove the  
              exemption and subject WCI, Inc. to the good government  
              transparency act that is required of bodies acting on  
              behalf of the people."

            2) Brief background on cap-and-trade  .  Pursuant to authority  
              under AB 32 (Nu�ez) Statutes of 2006, Chapter 488, the ARB  
              adopted cap-and-trade regulations and those regulations  
              were approved on December 13, 2011. Beginning on January 1,  
              2013, the cap-and-trade regulation sets a firm, declining  
              cap on total GHG emissions from sources that make up  
              approximately 85% of all statewide GHG emissions.  Sources  
              included under the cap are termed "covered" entities.  The  
              cap is enforced by requiring each covered entity to  
              surrender one "compliance instrument" for every metric ton  
              of carbon dioxide equivalent (MTCO2e) that it emits at the  
              end of a compliance period.  Over time, the cap declines,  









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              resulting in GHG emission reductions. Compliance  
              instruments include allowances and offsets, where  
              allowances are generated by the state in an amount equal to  
              the cap, and offsets result from emission reductions  
              achieved in an uncapped sector, generated pursuant to an  
              approved protocol adopted by ARB.  Offsets may be used to  
              satisfy up to 8% of a covered entity's compliance  
              obligation. 

              Initially, 90% of all allowances will be allocated freely  
              to covered entities.  A small percentage of the remaining  
              allowances are set aside for an allowance price-containment  
              reserve, and the rest are sold at quarterly auctions.   
              After the first compliance period for the program, the  
              number of allowances freely distributed to entities  
              declines, and entities must either reduce emissions or  
              purchase a greater number of allowances at auction.  The  
              program authorizes entities to buy or sell their  
              allowances, creating a market that is intended by ARB to  
              minimize the cost of compliance and encourage entities to  
              invest in GHG emissions reductions.

              For the first two years, the program will cover electricity  
              generation, and large industrial sources and processes with  
              annual GHG emissions at or above 25,000 MTCO2e.  The  
              program will expand in 2015 to include fuel distributors to  
              address emissions from combustion of transportation fuels  
              and combustion of natural gas and propane at sources not  
              covered in the first phase of the program. 

            3) Linkage  .  For the purposes of the cap-and-trade regulation,  
              linkage refers to the use of compliance instruments from a  
              GHG emission trading system outside California to meet  
              compliance obligations under California's cap-and-trade  
              regulation, and the reciprocal approval of compliance  
              instruments issued by California to meet compliance  
              obligations in the external trading program.  The  
              cap-and-trade regulations approved on December 13, 2011,  
              include general requirements for linking to other trading  
              programs.  On May 9, 2012, ARB staff noticed regulatory  
              amendments to allow for linkage between the California and  
              Qu�bec cap-and-trade programs.  










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              Subsequent to the notice, SB 1018, a 2012 Budget trailer  
              bill, was enacted, with provisions intended to establish  
              new oversight and transparency over proposed linkages and  
              the WCI, Inc.  Specifically, the bill requires state  
              agencies to notify the Governor that the agency intends to  
              link with another GHG emissions trading program, and also  
              requires the Governor to make specified findings, reviewed  
              by the Attorney General, prior to the agency taking action  
              to approve the linkage.

              On February 22, 2013, ARB's Executive Officer sent a notice  
              of the intent to link with Quebec, and requested the  
              Governor consider and make four findings required by  
              statute so that the ARB may adopt regulatory amendments to  
              link the California and Quebec cap-and-trade programs.  On  
              April 8, 2013, Governor Brown sent a letter to the ARB  
              making the required findings.  In mid-April, the ARB  
              approved the regulatory amendments to link with Quebec  
              beginning on January 1, 2014.

            4) WCI and the WCI, Inc  .  The WCI is a collaboration of  
              independent jurisdictions working together to identify,  
              evaluate, and implement emissions trading policies to  
              address climate change at a regional level.  The WCI began  
              in February 2007 when the Governors of California, Arizona,  
              New Mexico, Oregon, and Washington signed an agreement  
              directing their respective states to develop a regional  
              target for reducing greenhouse gas emissions, participate  
              in a multi-state registry to track and manage greenhouse  
              gas emissions in the region, and develop a market-based  
              program to reach the target.  The WCI partner jurisdictions  
              released recommendations for designing and implementing an  
              emissions trading program.  Those recommendations are  
              consistent with the design of the ARB cap-and-trade  
              program. Current WCI membership differs substantially from  
              the inception, since all US states besides California  
              dropped out, and the Provinces of British Columbia,  
              California, Ontario, Quebec and Manitoba, have since  
              joined.

              In November 2011, the WCI Partner jurisdictions created  
              Western Climate Initiative, Incorporated (WCI, Inc.), a  
              non-profit corporation formed to provide administrative and  









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              technical support to state and provincial greenhouse gas  
              emissions trading programs.  The administrative services  
              that WCI, Inc. plans to provide to participating  
              jurisdictions include development of a compliance tracking  
              system for allowance and offset certificates,  
              administration of allowance auctions, and market monitoring  
              of allowance auctions and allowance and offset certificate  
              trading.  The WCI, Inc. governing board is made up of eight  
              members: four representing California, two representing  
              British Columbia and two representing Quebec. 

              ARB's agreement with WCI, Inc. provides ARB access to the  
              administrative systems that WCI, Inc. is developing.   
              According to the ARB, the benefits of participating in WCI,  
              Inc. will include reduced administrative costs through cost  
              sharing with other jurisdictions and enhanced security and  
              effectiveness of program infrastructure across programs,  
              including the tracking system, auction operation, and  
              market monitoring.

              ARB's share of the WCI, Inc. budget is approximately $3.7  
              million over two years.  Quebec's share of the budget over  
              the same time period is approximately $1.6 million.  Thus,  
              the preliminary WCI, Inc. budget for its first two years of  
              operation is $5.3 million.  The distribution of funding  
              across jurisdictions is based on the number of  
              participating jurisdictions and the total emissions covered  
              by each jurisdiction's emissions trading program. 

            5) Conflicting measure  .  The provisions of this measure  
              conflict with SB 726 (currently double referred to Assembly  
              Natural Resources and Assembly Judiciary Committees).   
              Double-jointing language with SB 726 (Lara) is necessary to  
              avoid chaptering out of one of the measures.  Because SB  
              726 is double referred in the Assembly, double-jointing  
              amendments to this measure should be taken on the Senate  
              floor in case SB 726 is amended out of either policy  
              committee in the Assembly. 

            SOURCE  :        Author 

           SUPPORT  :       California League of Food Processors  
                          California Manufacturers & Technology  









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           Association
                          Western States Petroleum Association

            OPPOSITION  :    None on file