Tuesday, February 9, 2010
Will California Suspend its Landmark Carbon Regulation Law?
California has been a leader in promoting carbon and energy reduction efforts. In 2006, it passed a pioneering law for carbon regulation called AB 32. However, in the face of the recession, groups are pushing for a ballot measure to suspend implementation this law. This battle will be closely watched as many other states look to CA for leadership on this issue. Last year, Australia delayed by one year the implementation of its cap-n-trade carbon tax due to economic concerns. Clearly the recession and Climategate has affected both political and public will for carbon regulation.
Posted by Paul Baier at 2:14 PM