BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2404
                                                                  Page 1

          Date of Hearing:  April 23, 2012

                       ASSEMBLY COMMITTEE ON NATURAL RESOURCES
                                Wesley Chesbro, Chair
                   AB 2404 (Fuentes) - As Amended:  April 11, 2012
           
          SUBJECT  :  California Global Warming Solutions Act of 2006:  
          Local Emission Reduction Program

           SUMMARY  :  Establishes the Local Emission Reduction Program 
          (LERP) within AB 32, to be administered by the Air Resources 
          Board (ARB) and funded by regulatory fee revenues derived from 
          the auction of GHG allowances pursuant to the cap and trade 
          program adopted by the ARB pursuant to AB 32.

           EXISTING LAW  :

          1)Requires ARB, pursuant to AB 32, to adopt a statewide 
            greenhouse gas (GHG) emissions limit equivalent to 1990 levels 
            by 2020 and adopt regulations to achieve maximum 
            technologically feasible and cost-effective GHG emission 
            reductions.

          2)Authorizes ARB to permit the use of market-based compliance 
            mechanisms to comply with GHG reduction regulations, to be 
            adopted by 2011 and operative by 2012, under limited 
            circumstances once specified conditions are met.

           THIS BILL  :

          1)Creates LERP and provides that funds, excluding penalties and 
            fines, collected pursuant to the "Market-Based Compliance 
            Mechanism" part of AB 32 (i.e. cap and trade) are available, 
            upon appropriation, for purposes of carrying out AB 32.

          2)Requires ARB to award funds appropriated for LERP to local and 
            regional government entities (cities, counties, metropolitan 
            planning organizations, special districts, and joint powers 
            authorities) for "measures and programs" consistent with a 
            locally-adopted GHG emission reduction plan.

          3)The local GHG plan must:

               a)     Include and maximize viable partnership with other 
                 local governments, Native American tribes, not-for-profit 








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                 entities, regional bodies, California Conservation Corps, 
                 state-certified local conservation corps, and local Youth 
                 Build programs.

               b)     Identify and maximize all of the following GHG 
                 emission reduction opportunities:

                     i.          Micro-, small-, community-, and 
                      regional-scale GHG emissions, including 
                      sequestration.

                     ii.         Change or update existing local and 
                      regional plans, policies, or programs.

                     iii.        Increase adaptability or resiliency to 
                      extreme weather events.

                     iv.         Create local job training and job 
                      creation benefits.

                     v.          Decrease air or water pollution.

                     vi.         Reduce the consumption of natural 
                      resources or energy.

                     vii.        Increase localized energy resources.

                     viii.       Increase the reliability of local water 
                      supplies.

                     ix.         Reduce or avoid vehicle miles traveled.

                     x.          Coordinate and aggregate GHG emission 
                      reduction projects or programs.

                     xi.         Reduce or avoid costs to the state or 
                      local governments.

          4)Requires these local GHG plans to provide for notice and at 
            least one opportunity for public input.

          5)Requires ARB, in coordination with other state agencies, to 
            develop standards and guidelines to ensure funded projects 
            maximize funds, provide environmental and economic benefits, 
            and do not conflict with AB 32.








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          6)Requires ARB to approve funding only after determining that 
            the use of funds is consistent with the requirements of 
            Sinclair Paint Co. v. State Bd. of Equalization (1997) 15 
            Cal.4th 866 (Sinclair).
           
          FISCAL EFFECT  :  Unknown

           COMMENTS :  

           1)Background on cap and trade.   The AB 32 Scoping Plan is a 
            description of the specific measures ARB and others must take 
            to meet the objective of AB 32:  Reduce statewide GHG 
            emissions to 1990 levels by 2020.  The reduction measures 
            identified in the Scoping Plan must be proposed, reviewed, and 
            adopted as individual regulations by January 1, 2011, to 
            become operative beginning on January 1, 2012.

            According to ARB, a total reduction of 80 million metric tons 
            (MMT), or 16 percent compared to business as usual, is 
            necessary to achieve the 2020 limit.  Approximately 78 percent 
            of the reductions will be achieved through identified 
            "regulatory" measures.  ARB proposes to achieve the balance of 
            reductions necessary to meet the 2020 limit (approximately 18 
            MMT) through a cap and trade program.  

            In a cap and trade program, a limit, or cap is put on the 
            amount of pollutants (GHGs) that can be emitted.  Each 
            allowance equals one metric ton of carbon dioxide equivalent.  
            The total number of allowances created is equal to the cap set 
            for cumulative emissions from all the covered sectors.  These 
            allowances may be auctioned and/or freely given to companies 
            or other groups.  In addition to allowances, emissions 
            reductions from sources that are outside the cap coverage, 
            called offsets, could be authorized.  This would allow 
            emissions in the capped sectors to exceed the allowances 
            issued.  After initial distribution of allowances-or in the 
            use of offsets-compliance instruments may be traded among 
            entities.  At the end of each compliance period, covered 
            entities are required to turn in, or surrender, enough 
            compliance instruments to match their emissions during this 
            time period.  

            ARB has adopted a cap and trade program that applies to an 
            estimated 600 regulated entities engaged in stationary 








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            combustion, cement manufacturing, cogeneration, petroleum 
            refining, hydrogen production, aluminum production, facility 
            operators calcining carbonates, CO2 supplier or transfer 
            recipient, electricity generation, glass production, iron and 
            steel production, lime production, natural gas transmission 
            and distribution, nitric acid production, oil and gas 
            extraction field operation, production of industrial gases, 
            pulp and paper production, soda ash production, electricity 
            deliverers, transportation fuel deliverers, and natural gas 
            deliverers.

            According to ARB, the first auction of allowances will take 
            place on November 14, 2012 and the auctions will be held 
            quarterly thereafter.  Following the first auction, revenues 
            will be deposited in the Air Pollution Control Fund.  ARB has 
            decided to hold a practice auction in August prior to the 
            November auction to ensure that all logistical and oversight 
            aspects of the program are fully operational prior to the 
            launch of the program.  Allowing more time to launch and test 
            the allowance tracking system as well as the auction platform 
            will be beneficial to stakeholders, giving them more time to 
            be prepared, and ARB plans to hold workshops and stakeholder 
            training during this time to ensure everyone is ready and 
            familiar with both systems prior to the first auction.

            Governor Brown's proposed 2012-13 budget assumes ARB will 
            raise $1 billion from the auctions for the budget year.  The 
            budget proposes the creation of a new Greenhouse Gas Reduction 
            Account within the Air Pollution Control Fund.  Five hundred 
            million dollars would be used to pay for unspecified GHG 
            mitigation activities previously funded by the General Fund.  
            The remaining $500 million would be devoted to investments in 
            "(1) clean and efficient energy, (2) low-carbon 
            transportation, (3) natural resource protection, and (4) 
            sustainable infrastructure development."   After the first 
            auction, the Governor would submit an expenditure plan to the 
            Assembly Committee on Appropriations, the Senate Committee on 
            Appropriations, and the Joint Legislative Budget Committee no 
            fewer than 30 days prior to allocating any moneys.  The 
            legislature would not be asked to approve the plan.  ARB would 
            then begin allocating funds based upon the plan.

            In addition, electric utilities are given free allowances by 
            ARB in order to lessen impacts of AB 32 implementation on 
            electricity ratepayers.  ARB requires investor-owned utilities 








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            to offer their freely allocated allowances for auction each 
            year while publicly-owned utilities are permitted, but not 
            required, to offer their allowances for auction.  Revenue from 
            the sale of utility allowances is to be used for the benefit 
            of their ratepayers.  The Public Utilities Commission has an 
            ongoing proceeding that is examining the potential uses of the 
            funds.

           2)Background on Sinclair.   In July 1997, the California Supreme 
            Court held in Sinclair that the Childhood Lead Poisoning 
            Prevention Act of 1991 imposed bona fide regulatory fees and 
            not taxes requiring a two-thirds vote of the Legislature under 
            Proposition 13.  In summary, the Court found that while the 
            Act did not directly regulate by conferring a specific benefit 
            on, or granting a privilege to, those who pay the fee, it 
            nevertheless imposed regulatory fees under the police power by 
            requiring manufacturers and others whose products have exposed 
            children to lead contamination to bear a fair share of the 
            cost of mitigating those products' adverse health effects.  
            The Sinclair decision ratified the use of fees approved by a 
            majority of the Legislature to address health or other social 
            problems created by the use or production of a particular 
            product.  In order to pass judicial scrutiny, the Court 
            suggests that: (1) a fee must not exceed the cost of providing 
            services related to the remediation of the problem created by 
            a particular product; and (2) a reasonable connection must 
            exist between the social problems remedied by a fee and the 
            payer of the fee.

           3)Author's statement  :

               AB 2404 would ensure that investments are made at the 
               community level, enhancing the environment and economy of 
               local and regional places through multi-benefit projects.

               Local greenhouse gas emission reduction projects are likely 
               to be overlooked by statewide or regulated entities for a 
               variety of reasons, including but not limited to:  small 
               scale, administration difficulty, ignorance of local 
               greenhouse gas emission reduction opportunities, and lack 
               of incentive.  Most local governments do not have funds to 
               engage in multi-benefit greenhouse gas emission reduction 
               projects, though they would like to.  Many do not have an 
               incentive to engage in these types of projects.









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               Local and regional governments that partner with 
               not-for-profit entities and community groups can identify, 
               plan, and implement innovative initiatives and projects 
               that best recognize the particular emission reduction 
               opportunities at the local level.  Partnerships help 
               facilitate coordination and aggregation of projects across 
               regional landscapes.

               AB 2404 will provide California communities the opportunity 
               to reduce greenhouse gas emissions in ways that meet unique 
               local needs.  Investments can advance clean and efficient 
               energy, expand low-carbon and public transportation, 
               protect natural resources, promote sustainable 
               infrastructure development, create local jobs, increase the 
               reliability of local water supplies, improve 
               infrastructure, reduce local costs, and achieve many other 
               local, and state, priorities.

               In addition, investing revenue in ways that incentivize 
               local governments to plan and implement their own 
               greenhouse gas emission reduction efforts will assist 
               California to reach its emission reduction targets, while 
               promoting local communities.

           4)Suggested amendments  :

               a)     Clarify that funding recipients, as well as the 
                 "measures and programs" that will be funded, are located 
                 in California.

               b)     Provide that ARB is authorized, but not required, to 
                 award funds - strike out "shall" and insert "may" on page 
                 3, line 16 and page 4, line 20.

               c)     Add air pollution control and air quality management 
                 districts to the list of local and regional government 
                 entities eligible for funds (on page 3, line 19).

               d)     Clarify that, when adoption of a local GHG plan is 
                 subject to CEQA (e.g. adoption of a climate element of a 
                 general plan) or SB 375 (e.g. adoption of a regional 
                 sustainable communities strategy for land use), the 
                 procedural requirements of CEQA or SB 375 apply.

           REGISTERED SUPPORT / OPPOSITION  :








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           Support 

           Sonoma County Water Agency (sponsor)
          Audubon California
          Big Sur Land Trust
          Bolsa Chica Land Trust
          California Association of Local Conservation Corps
          California ReLeaf
          California Urban Forests Council
          Environmental Defense Fund
          LA Conservation Corps
          Land Trust of Santa Cruz County
          Marin Agricultural Land Trust
          Peninsula Open Space Trust
          Sonoma County Agricultural Preservation and Open Space District
          Trust for Public Land

           Opposition 
           
          American Council of Engineering Companies of California
          California Chamber of Commerce
          California Grocers Association
          California Manufacturers & Technology Association
          California Metals Coalition
          California Taxpayers Association
          Can Manufacturers Institute
          Chemical Industry Council of California
          Western States Petroleum Association

           
          Analysis Prepared by  :  Lawrence Lingbloom / NAT. RES. / (916) 
          319-2092