BILL ANALYSIS                                                                                                                                                                                                    



                                                                 SB 31
                                                                       

                      SENATE COMMITTEE ON ENVIRONMENTAL QUALITY
                        Senator S. Joseph Simitian, Chairman
                              2009-2010 Regular Session
                                           
           BILL NO:    SB 31
           AUTHOR:     Pavley
           AMENDED:    As Introduced
           FISCAL:     Yes               HEARING DATE:     April 20, 2009
           URGENCY:    No                CONSULTANT:       Bruce Jennings
            
           SUBJECT  :    CALIFORNIA GLOBAL WARMING SOLUTIONS ACT
                       OF 2006: REVENUE ALLOCATIONS

            SUMMARY  :    
           
            Existing law  :

           1) Requires the 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.  ARB must adopt  
              rules and regulations to achieve GHG emission reductions  
              from sources or categories of sources, subject to specified  
              requirements, pursuant to the California Global Warming  
              Solutions Act (AB 32, Chapter 488, Statutes of 2006).

           2) Authorizes ARB to adopt regulations, by January 1, 2011, to  
              establish a system of market-based declining annual  
              aggregate emissions limits for sources or categories of  
              sources of GHG emissions.  Such regulations must ensure  
              that all market-based reductions are real, permanent,  
              quantifiable, verifiable, and enforceable by the state  
              (Section 38562 (d) (1) of the Health and Safety Code).

           3) Requires ARB do all of the following before including a  
              market-based compliance mechanism in its regulations: (a)  
              Consider the potential for direct, indirect, and cumulative  
              emission impacts from these mechanisms, including localized  
              impacts in communities that are already adversely impacted  
              by air pollution; (b) Design any market-based compliance  
              mechanism to prevent any increase in the emissions of toxic  
              air contaminants or criteria air pollutants; and, (c)  
              Maximize additional environmental and economic benefits for  









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              California, as appropriate, pursuant to Health and Safety  
              Code Section 38570(b).

            This bill  :

           1) Authorizes ARB to collect revenues pursuant to "compliance  
              mechanisms" adopted by ARB as an alternative to fees  
              adopted by regulation which are consistent with Section  
              57001 of the Act.

           2) Stipulates that funds collected pursuant to the fees or  
              compliance mechanisms authorized by this act shall include  
              listed activities (i.e., costs of administering the Act,  
              renewable energy and energy efficiency programs,  
              investments in technologies to reduce greenhouse gas  
              emissions, and green jobs development and training).

            COMMENTS  :

            1) Purpose of Bill  .  According to the author's fact sheet,  
              this bill has two principal purposes:  a) to give ARB  
              additional guidance regarding the use of revenues collected  
              pursuant to ARB's authority to collect fees through market  
              mechanisms (e.g., auctions); and, b) to ensure that revenue  
              collected pursuant to AB 32 will be invested in ways that  
              will reduce GHG emissions, protect the health and safety of  
              Californians, and put us on the path to a new green  
              economy.

            2) A Note on Comments Section of this Analysis  .  It appears  
              that the author does not want to intrude on ARB's process  
              for adopting regulations, however, it needs to be noted  
              that the ARB's actions in implementing AB 32 have not been  
              without controversy and disagreement from the Legislature  
              (e.g., the Governor's firing of Dr. Sawyer during his  
              attempt to adopt regulatory actions to advance a path  
              favored by the Senate's leadership).   Similarly, the  
              Legislative Analyst has more recently critiqued the ARB  
              scoping plan as providing an insufficient basis for guiding  
              state investments and program priorities.  In this regard,  
              the comments that follow are intended to indicate  
              provisions of this bill and the policy area more generally  
              where the author may want to provide greater clarity and  









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              guidance to the ARB.

            3) The Collection of Revenues via "Compliance Mechanisms  ."   
              The new language contained in SB 31 regarding the  
              collection of revenues "pursuant to compliance mechanisms  
              adopted by the state board" generates a number of  
              questions.   First of all - what are these?   The author's  
              background information suggests that this refers to such  
              things as auctions, including cap and dividend programs  
              that have been advanced by certain groups.  The term,  
              however, has no specific meaning at present.

            4) First Things First:  What's the Source of Revenues?   The  
              bill amends a section of AB 32 that currently provides for  
              the collection of revenues by sources of greenhouse gas  
              emissions.

           As written, the amended language would appear to allow for ARB  
              to supplant "fees paid by the sources of greenhouse gas  
              emissions regulated pursuant to this division" with  
              "compliance mechanisms adopted by the state board."  Does  
              the author intend to make such a distinction and allow ARB  
              to make an either/or decision on the use of fees versus  
              compliance mechanisms?  If no such distinction is sought,  
              the bill should be amended and re-phrased accordingly.

            5) Do "Compliance Mechanisms" Include Auctions and Does it  
              Matter?   Well, in a word - yes.   A continuing source of  
              controversy regarding the unregulated aspects of AB 32  
              concerns the extent to which ARB may be pursuing activities  
              that are insufficiently surrounded by provisions of law to  
              ensure that such activities are enforceable, transparent,  
              allow public participation, and do not place the state in  
              difficult financial straits.

           In this regard, there is very little law regarding auctions  
              and how these might function in the context of existing  
              law.  For example, would auctions grant property rights?    
              Existing emission trading credits, it should be noted,  
              convey no such right.  If the state initiates a program of  
              auctions and finds these do not work and should be  
              terminated, has the state engaged in a regulatory takings?   
               Similarly, anticipated revenue generating mechanisms in  









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              the absence of a robust legal architecture may experience  
              the same shortcomings that have affected many personal  
              portfolios when it was discovered that derivatives and  
              other such financial instruments were essentially  
              unregulated market mechanisms.  

            6) Programs & Revenue Sources:  A Legitimate Nexus  ?  The bill  
              identifies several prospective areas for funding, such as  
              renewable energy and energy efficiency programs,  
              investments in technologies, and green jobs development and  
              training.   While these programs may be noble, whether any  
              of these are appropriate for receiving funding depends on  
              the source of revenues.  To this degree, defining  
              "compliance mechanisms" with greater precision may be  
              essential toward understanding whether one or more programs  
              have an appropriate nexus to the revenue source.

            7) A Carbon  Fee/Tax:  Advantages over Auctions?   The  
              blue-ribbon tax commission appointed by Gov. Arnold  
              Schwarzenegger (the Commission on the 21st Century Economy)  
              is finalizing its series of expert briefings on various tax  
              issues.

           Commissioner Fred Keeley, the former Santa Cruz assemblyman,  
              has stated that one recommendation will likely include the  
              creation of a carbon tax or fee that would be levied at the  
              refinery level on gasoline, diesel and jet fuel.  A tax or  
              fee based on the amount of tons of greenhouse gases that  
              fuels will emit when burned would generate an estimated $5  
              billion a year.

           It could become the basis for tradeoffs for such items sought  
              by the business community as a reduction in capital gains  
              taxes and the elimination of sales taxes on manufacturing  
              equipment.  If it's included in the commission's package,  
              the recommendation would be revenue-neutral -- which means  
              any revenue from it would simply be used to offset  
              reductions in other taxes.

           Historically, the Legislature has instituted various  
              environmental fees which have a considerable record for  
              achieving its purposes in the context of robust law.  If  
              carbon fees, as many economists argue, are more efficient  









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              than auctions, should the Legislature not more fully  
              evaluate auctions or similar approaches in light of such  
              comparative advantages?

            8) Prospective Federal Action?   According to the Department of  
              Energy, under the proposed cap-and-trade program, all GHG  
              emission credits would be auctioned off, generating an  
              estimated $78.7 billion in additional revenue in FY 2012,  
              steadily increasing to $83 billion by FY 2019.  According  
              to the White House website, the revenue will fund vital  
              investments in a clean energy future, and the balance of  
              the auction revenues "will be returned to the people,  
              especially vulnerable families, communities, and businesses  
              to help the transition to a clean energy economy."

           In light of possible federal action, how does SB 31 comport  
              with a federal system of auctions?

            9) Supporters' Statements  .  Supporters of SB 31 are especially  
              interested in the prospects that potential revenue streams  
              will have for addressing a variety of programs, as noted in  
              a letter submitted by the American Lung Association, "[I]n  
              keeping with the goals of AB 32, SB 31 will direct revenue  
              to be spent on activities that reduce GHG emissions while  
              protecting the health and safety of Californians.  These  
              activities include: energy efficiency and renewable energy,  
              particularly for low-income consumers; research,  
              development, and deployment of low-carbon technologies,  
              especially those that will create co-benefits of reductions  
              of other harmful pollutants; and green jobs."  

            10)Opponents Statements  .  Concern has been expressed that the  
              "fees" contained in SB 31 are not valid Sinclair fees;  
              meaning in the words of Cal-Tax: "?fees may be imposed to  
              mitigate the past, present, or future adverse impact of the  
              fee payer's operations, at least where, as here, the  
              measure requires a causal connection or nexus between the  
              fee payers' operations, the harm imposed by greenhouse gas  
              emissions (ostensibly global warming), material remediation  
              of that harm, and the fee structure."  

           11)Double Referral to Energy, Utilities and Communications  
              Committee  .  If this measure is approved by this committee,  









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              the do pass motion must include the action to re-refer the  
              bill to the Senate Energy, Utilities and Communications  
              Committee.  Due to the time constraints, whatever  
              clarifications or other amendments are agreed to in this  
              Committee should be passed on to the Senate Energy and  
              Utilities Committee where this bill is next scheduled for  
              hearing, should that follow from a favorable motion to move  
              this bill.  

           SOURCE  :        Environmental Entrepreneurs and Natural  
                          Resources Defense Council  

           SUPPORT  :       American Federation of State, County and  
                          Municipal Employees (AFSCME), AFL-CIO, American  
                          Lung Association, Coalition for Clean Air, Ella  
                          Baker Center for Human Rights, Environment  
                          California, Environmental Defense Fund, South  
                          Coast Air Quality Management District, The  
                          Trust for Public Land, Union of Concerned  
                          Scientists

            OPPOSE UNLESS AMENDED:   California Communities Against Toxics 

           OPPOSITION  :    California Chamber of Commerce
           California Independent Petroleum Association
           California Manufacturers & Technology Association
           Southern California Edison
           Western States Petroleum Association