By Bloomberg BNA.
California is considering a strategy to comply with the Environmental Protection Agency’s Clean Power Plan based largely on its economy-wide greenhouse gas emissions cap-and-trade program and renewable energy and energy efficiency standards.
Earlier this month, the California Air Resources Board held the first of a series of workshops to solicit input on how to design the compliance plan that is due to the EPA by Sept. 6, 2016.
Announced by the EPA Aug. 3, the Clean Power Plan (RIN 2060-AR33) requires states to meet emissions targets, which will be phased in between 2022 and 2030. The centerpiece of President Barack Obama’s strategy to address climate change, the regulation aims to reduce overall carbon dioxide emissions from existing power plants by 32 percent below 2005 levels by 2030. States must develop compliance plans based on EPA guidelines, or comply with a federal plan.