BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1992
                                                                  Page  1

          Date of Hearing:   April 28, 2014

                       ASSEMBLY COMMITTEE ON NATURAL RESOURCES
                                Wesley Chesbro, Chair
                    AB 1992 (Quirk) - As Amended:  April 21, 2014
           
          SUBJECT  :   California Global Warming Solutions Act of 2006:   
          very low carbon transportation fuels

           SUMMARY  :   Authorizes the Air Resources Board (ARB) to require  
          fuel suppliers subject to the Low Carbon Fuel Standard (LCFS) to  
          include specified minimum percentages of very low carbon fuel,  
          as defined.

           EXISTING LAW  :

          1)Pursuant to the California Global Warming Solutions Act (AB  
            32), requires ARB to adopt a statewide greenhouse gas (GHG)  
            emissions limit equivalent to 1990 levels by 2020 and to adopt  
            rules and regulations to achieve maximum technologically  
            feasible and cost-effective GHG emission reductions.

          2)Pursuant to Governor Schwarzenegger's Executive Order S-01-07,  
            sets a statewide goal to reduce the carbon intensity (CI) of  
            California's transportation fuels by at least 10 percent by  
            2020.  The order required ARB to consider adopting a LCFS to  
            implement this goal.  In 2009, ARB adopted the LCFS as a  
            regulation.  The LCFS attributes CI values to a variety of  
            fuels based on direct and indirect GHG emissions, including  
            land use changes caused by production of biofuels.  The LCFS  
            permits producers of certain low-CI fuels to opt in to LCFS  
            regulation for the purpose of generating credits, which can be  
            banked and used for compliance, sold to regulated parties, and  
            purchased and retired by regulated parties.  In addition, LCFS  
            credits can be exported to other GHG emission reduction  
            programs.

           THIS BILL  :

          1)Authorizes ARB to require transportation fuel suppliers to  
            include minimum percentages, ranging from one-quarter of one  
            percent to two percent, of "very low carbon transportation  
            fuel."

          2)Defines "very low carbon transportation fuel" as fuel having a  








                                                                  AB 1992
                                                                  Page  2

            CI no greater than 50 percent of the closest comparable  
            petroleum fuel for that year, as measured by the LCFS  
            methodology.  Examples of currently eligible fuels are biogas  
            from dairy or landfill sources, biodiesel from used cooking  
            oil or tallow, and ethanol from molasses by-products.

          3)Requires CI to include the indirect land use change (iLUC)  
            emission, as defined, if a food crop is used as a feedstock.

          4)Provides that the bill shall become inoperative five years  
            after ARB determines, and notifies the Secretary of State,  
            that very low carbon fuels reach two percent of state  
            transportation fuel sales.

          5)Makes related findings.
           
          FISCAL EFFECT  :   Unknown

           COMMENTS  :   

           1)Background on LCFS  .  In 2007, Governor Schwarzenegger issued  
            Executive Order S-1-07, calling for a reduction of at least 10  
            percent in the CI of California's transportation fuels by  
            2020.  The order instructed the California Environmental  
            Protection Agency to coordinate activities between the  
            University of California, the California Energy Commission and  
            other state agencies to develop and propose a draft compliance  
            schedule to meet the 2020 target.
             
             The Order further directed ARB to consider initiating  
            regulatory proceedings to establish and implement the LCFS.   
            In response, ARB adopted the LCFS regulation in 2009, to be  
            implemented beginning in 2010.  2010 was a reporting year and  
            the first CI reduction requirement of 0.25 percent began in  
            2011.  The target increased to 0.5 percent in 2012 and 1.0  
            percent in 2013.  To date, fuel suppliers have over-complied,  
            predominantly by blending ethanol with gasoline, which is  
            preferred in the near term because ethanol blending is  
            required by the federal Renewable Fuel Standard and does not  
            require significant changes in fueling and vehicle  
            infrastructure.  However, natural gas, biodiesel and  
            electricity have also been used in significant amounts to  
            comply with the LCFS.

            In 2009 and 2010, three lawsuits were filed against the LCFS  








                                                                  AB 1992
                                                                  Page  3

            by ethanol interests - two in federal court and one in state  
            court.  The federal lawsuits were brought by trade  
            associations of ethanol producers and refiners who claim that  
            the LCFS is preempted under the Energy Independence and  
            Security Act of 2007 and violates the Commerce Clause of the  
            U.S. Constitution (e.g., by assigning corn ethanol from the  
            Midwest a CI value above that of corn ethanol made in  
            California).  Plaintiffs claimed that corn ethanol will  
            eventually be excluded from the California market in favor of  
            more advanced biofuels that have a lower CI value.  ARB  
            contended that many corn ethanol producers from the Midwest  
            have in fact registered with ARB with CI values that are well  
            below gasoline and, indeed, even less than California corn  
            ethanol.  Plaintiffs also claimed that California is  
            impermissibly regulating interstate commerce beyond its  
            borders by regulating aspects of a fuel's lifecycle that occur  
            outside of the state's borders.  The combined federal lawsuit  
            (Rocky Mountain Farmers Union v. Goldstene) was heard by the  
            Ninth Circuit Court of Appeals, which considered ARB's appeal  
            of several adverse rulings and a preliminary injunction that  
            were issued by the lower federal court in Fresno in December  
            2011.  In April 2012, the Ninth Circuit granted ARB's request  
            for a stay of the preliminary injunction, which allowed ARB to  
            resume enforcement of the LCFS during the pendency of the  
            lawsuit.  In September 2013, the Ninth Circuit ruled that the  
            LCFS provisions were not facially discriminatory, leaving the  
            LCFS in place while the plaintiffs petition for review by the  
            U.S. Supreme Court.

            The state lawsuit (Poet, LLC v. California Air Resources  
            Board), brought by a major ethanol producer, alleges that ARB  
            did not fully comply with the Administrative Procedure Act  
            (APA) and the California Environmental Quality Act (CEQA) when  
            adopting the LCFS regulation.  In November 2011, the Fresno  
            Superior Court ruled in favor of ARB on all 14 causes of  
            action raised by the plaintiffs.  Plaintiffs then appealed the  
            case to the Court of Appeal in Fresno, which found both APA  
            and CEQA defects with ARB's process of adopting the LCFS.  As  
            a result, ARB has proposed adopting an alternative regulation  
            for diesel and readopting the LCFS regulation to comply with  
            the court's instructions.  Meanwhile, the LCFS is frozen at  
            its 2013 (1.0 percent CI reduction) level.  In addition to  
            revising the regulation to comply with the Court of Appeal  
            ruling, ARB has proposed several other modifications related  
            to adjusting compliance schedules, determining CI, cost  








                                                                  AB 1992
                                                                  Page  4

            containment in the credit market, and other assorted issues.  

           2)Author's statement  :

               Very low-carbon fuels will almost certainly be necessary to  
               meet long term GHG reduction and LCFS goals.  Current  
               alternative transportation fuels, including corn ethanol  
               and sugar cane ethanol provide only reductions of 5-25  
               percent in GHG emissions than the petroleum fuels they seek  
               to displace.  The status quo has not seen the advanced  
               low-carbon fuel industry develop at a sufficient rate to  
               provide the volume of low-carbon fuels necessary to meet  
               future targets. 

               Current law, through the LCFS, creates an insufficient  
               incentive to produce advanced low-carbon fuels.  Current  
               LCFS targets, and those expected in the immediate future,  
               can be met with existing corn and sugarcane based ethanol,  
               plus renewable diesel and biodiesel from waste oils.  Both  
               corn and sugarcane ethanol have significant environmental  
               concerns, stemming from land use change, and provide only  
               small reductions in life cycle GHGs compared to the  
               gasoline they displace.

               Compared to conventional diesel, waste-based renewable  
               diesel and biodiesel both provide large GHG reductions,  
               however there is an insufficient amount of waste oil  
               available to meet long-term fuel demand.  Other  
               commercial-scale fuels will need to be developed to achieve  
               California's long term targets.

               Current law creates a financial incentive to produce very  
               low carbon fuels, but does not address the inherent risk in  
               this market sector.  For any given low-carbon fuel project,  
               there is substantial risk to any investors due to market  
               conditions (alternative fuels become less competitive when  
               the price of gasoline is low), technological uncertainty  
               (none of these technologies has been deployed at commercial  
               scale in the U.S. yet), and regulatory uncertainty (capital  
               providers are uncertain about whether the LCFS or other  
               low-carbon fuel policies will remain in place).

               There are no administrative alternatives to address market  
               risk.  ARB has the ability to effectively increase the  
               price of very low-carbon fuels, but cannot directly reduce  








                                                                  AB 1992
                                                                  Page  5

               the risk that capital investment will not be repaid.

           3)Existing commercial fuels are available to meet the mandate  
            proposed by the bill  .  According to ARB, the following fuels  
            would meet the definition set by AB 1992:

                 Biodiesel produced from used cooking oil, corn oil  
               by-product, or tallow
                 Renewable diesel produced from used cooking oil, corn  
               oil by-product, tallow, or fish oil
                 Biomethane from landfills, dairy digesters, and food and  
               green waste digesters
                 Ethanol produced from molasses by-product

            Fuels meeting the AB 1992 definition made up .95 percent of  
            the total volume of fuels produced in 2013.  It's not clear  
            the bill would achieve the author's intent, because a purchase  
            mandate, even at two percent, might be met by these existing  
            waste-based fuels, which tend to come from sources out of  
            state and abroad, including Central and South America and  
            Asia.
            The existing LCFS program seems to create a stronger incentive  
            to produce very low-carbon fuels by placing the highest market  
            value on fuels that achieve the lowest CI (and therefore  
            generate the most credits).  Of course, this incentive depends  
            on the LCFS remaining in effect, with increasing targets.

              1)   Related legislation .  AB 2390 (Muratsuchi), approved by  
               this Committee April 7 and pending in Appropriations  
               Committee, establishes a Green Credit Reserve to purchase  
               LCFS credits from developers of renewable fuel production  
               facilities in California for the purpose of supporting the  
               financing and construction of these facilities.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          None on file

           Opposition 
           
          None on file
           
          Analysis Prepared by  :    Lawrence Lingbloom / NAT. RES. / (916)  








                                                                  AB 1992
                                                                 Page  6

          319-2092