BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2050
                                                                  Page  1

          Date of Hearing:   May 7, 2014

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

                    AB 2050 (Quirk) - As Amended:  April 21, 2014 

          Policy Committee:                              Natural  
          ResourcesVote:5-1

          Urgency:     No                   State Mandated Local Program:  
          No     Reimbursable:              

           SUMMARY  

          This bill requires the Air Resources Board (ARB) to include  
          proposed greenhouse gas (GHG) reduction goals for 2050 and other  
          specified items in the next AB 32 Scoping Plan Update.    The  
          bill also revises the composition and duties of the AB 32  
          Economic and Technology Advancement Advisory Committee (ETACC).   
          Specifically, this bill: 

          1)Requires ARB, on or before January 1, 2019, as part of the  
            Scoping Plan Update, to include:

             a)   A proposal for further reducing GHG emissions by 2050,  
               including intermediate goals.
             b)   An evaluation of these proposed goals based on what  
               technologies can be scaled to the rest of the country and  
               the world to assure cost-effectiveness and maintain local  
               and system-wide reliability.
             c)   Consistent metrics to accurately quantify GHG emissions  
               from technologies and retrofits to existing technologies to  
               increase overall efficiency.

          1)Requires ARB to submit the element above to the appropriate  
            committees of the Legislature.

          2)Requires ETAAC to include at least five, but no more than 10,  
            members who are experts in energy technology and economics.

          3)Authorizes ETAAC to conduct an economic assessment that  
            includes a marginal cost analysis of various strategies for  
            reducing GHG.









                                                                  AB 2050
                                                                  Page  2

           FISCAL EFFECT  

          1)Annual costs of up to $650,000 per year for FYs 2015-16 and  
            2016-17, increasing to $1.1 million for FYs 2017-18 and  
            2018-19, for ARB to update the Scoping Plan and report to the  
            Legislature (Cost of Implementation Account).

          2)Annual costs of $50,000 to $100,000 for four years to staff  
            the ETACC (Cost of Implementation Account).

           COMMENTS

          1)Rationale.   According to the author, California is responsible  
            for approximately 1% of the world's global greenhouse gas  
            emissions and, thus, needs to address the problem of climate  
            change with a global perspective.  A majority of greenhouse  
            gas emissions will be coming from developing countries over  
            the next few decades. In order for California to be a leader  
            in fighting global climate change, the state should be  
            focusing on inventing and developing the technologies  
            necessary to replace fossil fuel as the primary fuel source in  
            order to allow the developing nations of the world to achieve  
            low-carbon economic growth.

            The prevailing opinion among climate scientists is that  
            achieving an 80% reduction in GHG emissions compared to 1990  
            levels by 2050 is necessary to stabilize the global climate.    
             
            This bill addresses both the need to maintain, evaluate and  
            continue reductions beyond AB 32 and the need to focus on  
            creating technologies that may be used in other states and  
            countries.

           2)Background.   AB 32 (N��ez), Chapter 455, Statutes of 2006)  
            requires California to limit its emissions of GHGs so that, by  
            2020, those emissions are equal to what they were in 1990.

            AB 32 required ARB to develop a comprehensive scoping plan for  
            achieving the maximum technologically feasible and  
            cost-effective reductions in GHG emission from emission  
            sources or categories of sources by January 1, 2009.  The  
            completed plan identified direct emission reductions and  
            alternative and market-based compliance mechanisms necessary  
            to achieve the 2020 goal.









                                                                  AB 2050
                                                                  Page  3

            In October 2013, ARB released a scoping plan update discussion  
            draft.  The discussion draft proposed establishing both a 2050  
            target and a midterm (2030) target for GHG emission  
            reductions.  On May 22, 2014, ARB will hold a Board Hearing to  
            consider the Proposed First Update to the Scoping Plan and  
            Environmental Analysis.

           3)ETAAC.   As part of AB 32's initial implementation phase, the  
            ETAAC was formed to advise ARB on activities that will  
            facilitate investment in and implementation of technological  
            research and development opportunities.  The ETAAC was  
            composed of experts and stakeholders, but was not focused on  
            economic analysis.  

            This bill would reinstate the ETAAC, limit it to 10 members  
            who are experts in energy technology and economics, and  
            authorize the committee to conduct an economic assessment that  
            includes a marginal cost analysis of various strategies for  
            reducing GHG

           4)Similar Legislation.   Last year, AB 284 (Quirk) was held on  
            this committee's Suspense File.   AB 284 required the ARB to  
            convene a Road to 2050 Board consisting of various state  
            agencies and commissions who would be required to submit a  
            report to the Governor and the Legislature every two years,  
            beginning in 2016, on the impacts of global warming on public  
            health and natural resources.  
             
            Unlike this bill, AB 284 did not include the additional  
            requirements in the existing AB 32 Scoping Plan structure and  
            process and as a result, was much more costly.  
           

           Analysis Prepared by  :    Jennifer Galehouse / APPR. / (916)  
          319-2081