SB 1443, as introduced, Galgiani. California Global Warming Solutions Act of 2006: market-based compliance mechanisms.
The California Global Warming Solutions Act of 2006 designates the State Air Resources Board as the state agency charged with monitoring and regulating sources of emissions of greenhouse gases. The state board is required to adopt a statewide greenhouse gas emissions limit equivalent to the statewide greenhouse gas emissions level in 1990 to be achieved by 2020. The act authorizes the state board to include the use of market-based compliance mechanisms.
This bill would make technical, nonsubstantive changes to those provisions.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 38570 of the Health and Safety Code is
2amended to read:
(a) The state board may include in the regulations
4adopted pursuant to Section 38562 the use of market-based
5compliance mechanisms to comply with the regulations.
6(b) Prior to the inclusion ofbegin delete anyend deletebegin insert aend insert market-based compliance
7mechanism in the regulations, to the extent feasible and in
P2 1furtherance of achieving the statewide greenhouse gas emissions
2limit, the state board shall do all of the following:
3(1) Consider the potential for direct, indirect, and cumulative
4emission
impacts from these mechanisms, including localized
5impacts in communities that are already adversely impacted by air
6pollution.
7(2) Designbegin delete anyend deletebegin insert aend insert market-based compliance mechanism to
8preventbegin delete anyend deletebegin insert anend insert increase in the emissions of toxic air contaminants
9or criteria air pollutants.
10(3) Maximize additional environmental and economic benefits
11for California, as appropriate.
12(c) The state board shall adopt regulations governing how
13market-based
compliance mechanisms may be used by regulated
14entities subject to greenhouse gas emission limits and mandatory
15emission reporting requirements to achieve compliance with their
16greenhouse gas emissions limits.
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