By Joshua T. Bledsoe and Kimberly D. Farbota On September 27, 2018, the California Air Resources Board (CARB) passed Resolution 18-34, extending the Low Carbon Fuel Standard (LCFS) Program to 2030 and making significant changes to the design and implementation of the Program. This blog outlines seven takeaways for market participants and stakeholders. 1. CARB … Continue Reading
By Marc T. Campopiano, Joshua T. Bledsoe, Douglas Porter, Danny Aleshire, Jennifer Roy and Andrew Yancey The end of the California State Legislature’s regular session for the year culminated in a frenzy of action, with Assembly members scrambling to pass dozens of bills before midnight on September 12, 2015. The California Legislature voted on a package … Continue Reading
By Marc Campopiano and Tim Henderson On March 11, 2013, the California Energy Commission (CEC) released a proposed Seventh Edition of the Renewables Portfolio Standard (RPS) Eligibility Guidebook (proposed Guidebook). As we discussed in a previous blog entry, on March 28, 2012, the CEC suspended the RPS eligibility of power plants generating electricity using biomethane. … Continue Reading
By Marc T. Campopiano and Tim B. Henderson On August 9, 2012, the California Energy Commission (CEC) adopted a revised Sixth Edition of the Renewables Portfolio Standard Eligibility Guidebook (RPS Guidebook) to clarify changes to the RPS Guidebook Fifth Edition, which was recently adopted on May 9, 2012, as described in our prior blog discussion. … Continue Reading
By Marc Campopiano and Tim Henderson On May 9, 2012, the California Energy Commission (CEC) adopted a revised Renewables Portfolio Standard (RPS) Eligibility Guidebook. The update implements several key modifications to the RPS eligibility criteria, including but not limited to: Incorporating changes required by Senate Bill X1-2, which raised the RPS to 33 percent by … Continue Reading
By Michael Feeley and Aron Potash A lawsuit which delayed and once threatened to dismantle California’s greenhouse gas (GHG) cap and trade scheme was largely resolved last week, removing one roadblock to California’s plan to be the first state to impose an economy-wide GHG trading program. Under modified regulations adopted by the California Air Resources … Continue Reading
By David B. Amerikaner, Marc T. Campopiano, Michael J. Gergen, Laura Godfrey, David A. Goldberg and Jared W. Johnson On April 12, 2011, Governor Jerry Brown signed Senate Bill 2 to increase California’s Renewables Portfolio Standard (RPS) to 33% by 2020, among the most aggressive renewable energy goals in the United States. Originally enacted in … Continue Reading
On January 14, 2011, the California Public Utilities Commission (CPUC) issued Decision 11-01-025 lifting the stay on its earlier Decision 10-03-021 from March 2010 authorizing the use of unbundled renewable energy credits (RECs), known as Tradable Renewable Energy Credits (TRECs), as an additional compliance tool for the California Renewables Portfolio Standard Program (RPS program). TRECs … Continue Reading
On September 23, 2010, the California Air Resources Board (CARB) unanimously adopted the “Renewable Electricity Standard” (RES) to require most retail sellers of electricity to procure 33 percent of their electricity from eligible renewable resources by 2020. Established in Executive Order S-21-09, the RES is an independent requirement from California’s existing Renewables Portfolio Standard (RPS), … Continue Reading
