Enviance - California AB32 Fact Sheet | Prop 23

Assembly Bill 32 (AB 32), the Global Warming Solutions Act of 2006, is a California law requiring the state's greenhouse gas (GHG) emissions to be reduced to 1990 levels by 2020. This is an estimated reduction of approximately 30% from business-as-usual emissions levels projected for 2020, and an estimated 15% reduction from today's levels. AB 32's target means reducing annual emissions of 14 tons of carbon dioxide for every person in California down to 10 tons per person by 2020.

By capping California's GHG emissions, AB 32 is the first enforceable state-wide program in the country to cap all GHG emissions from major industries. The bill includes non-compliance penalties, and authorizes a state agency to create a GHG emissions reporting program, monitor and enforce program compliance. AB 32 has gained national and international attention due to its sanctioned market-based compliance mechanisms, such as cap-and-trade. With AB 32 potentially serving as the benchmark for future state and federal environmental law, all eyes are on California.

Webinars

California's Cap and Trade Program
On December 16th, 2010 CARB approved a Cap and Trade system in California to be implemented by 2012. Join Jon Costantino, Senior Advisor at Manatt, Phelps & Phillips in this a webinar about the recent changes in California and the new and extensive Cap and Trade Program. View webinar

An Estimate of the Economic Impact of A Cap-and-Trade Auction Tax
Mr. Thomas Tanton, a Principal at T2 & Associates, with over 35 years experience in the energy, economy, and environmental fields presents and discusses his recent study “An Estimate of the Economic Impact of A Cap-and-Trade Auction Tax” with Larry Goldenhersh, President and CEO of Enviance. View webinar

The Economic Impact of AB 32 on Small Business
Join Dr. Jurgen Weiss of The Brattle Group, an economic consulting firm that has advised clients and provided expert testimony on energy issues, as he presents this webinar on the Economic Analysis of the Implementation of AB 32 in California and Its Impact on Small Business. View webinar

WCI and the Future of Cap & Trade
On July 27th, 2010, WCI released a detailed Cap and Trade program, a result of 2 years of work by all partners, offering a plan to reduce ghg emissions and promote renewable and lower-polluting energy sources. Hear Patrick Cummins, Program Manager of the Western Climate Initiative discuss the details and next steps. View webinar

Why AB 32? Your Questions Answered by the Architect of the Bill
Spend 30 minutes with Terry Tamminen, former Secretary of the California Environmental Protection Agency (Cal/EPA), current advisor of Governor Arnold Schwarzenegger on Energy and Environmental Policies and architect of AB 32, and Larry Goldenhersh, President and CEO of Enviance on the fundamentals of AB 32. View webinar

Videos