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Climate Policy Watch

CALIFORNIA EYES RULES FOR MARKETERS TO LIMIT OUT-OF-STATE CO2 EMISSIONS

California regulators may require power marketers, rather than generating facilities, to obtain permits for carbon dioxide (CO2) emissions under the state's pending greenhouse gas rules. The requirement would be a way to encourage production of cleaner electricity from out of state, and also lower emissions from in-state facilities, according to energy experts.

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REPORT DOWNPLAYS CONCERNS ON "LEAKAGE" IN NORTHEAST CLIMATE PLAN

A new report by an environmental think tank says that regulators' recent experience developing a regional ozone pollution trading plan may help alleviate concerns that a pending carbon dioxide (CO2) trading program would create a "leakage" problem by shifting emissions to states not subject to its mandates, officials familiar with the program say.

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CO2 Debate Blamed For Tepid Reaction To Bush's Call For Clear Skies

Members of Congress' lukewarm response to President Bush's mention of Clear Skies in his State of the Union address is a sign that lawmakers are still uncertain whether a final version of the plan will address carbon dioxide (CO2) emissions, according to industry and environmentalist sources.

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MCCAIN MAY CHAIR POSSIBLE NEW SENATE CLIMATE CHANGE SUBCOMMITTEE

Sen. John McCain (R-AZ) may head a new subcommittee on climate change being considered by the Senate commerce committee, which would allow the influential lawmaker to retain oversight over the high-profile issue despite having to step down as chairman of the full committee.

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MCCAIN MAY CHAIR POSSIBLE NEW SENATE CLIMATE CHANGE SUBCOMMITTEE

Sen. John McCain (R-AZ) may head a new subcommittee on climate change being considered by the Senate commerce committee, which would allow the influential lawmaker to retain his oversight of the high-profile issue despite his having to step down as chairman of the full committee.

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McCain May Chair Possible New Senate Climate Change Subcommittee

Sen. John McCain (R-AZ) may head a new subcommittee on climate change being considered by the Senate commerce committee, which would allow the influential lawmaker to retain his oversight of the high-profile issue despite his having to step down as chairman of the full committee.

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CALPERS CHIEF SEEKS FEB. 14 MEETING WITH AUTOMAKERS OVER ARB GHG REGULATION

Automaker representatives have yet to indicate whether they will meet Feb. 14 with the chief investment officer of the California Public Employees' Retirement System (CalPERS) to discuss the industry's lawsuit against the air board's greenhouse gas (GHG) regulation, according to sources. Some members of the fund's board have criticized the industry for opposing the regulation, saying that a good long-term corporate vision should include efforts to reduce GHG emissions from their products.

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EPA ADVISERS ISSUE CALL TO STUDY CO2 'CO-BENEFITS' OF EMISSIONS CUTS

An EPA advisory committee's new air quality report includes a surprise recommendation for the agency to help states evaluate reductions of carbon dioxide (CO2) and other greenhouse gases that may be achieved under rules primarily intended to curb pollutants such as ozone and particulate matter.

The committee added the recommendation to a comprehensive report that calls for major changes in the way EPA regulates air quality. Members of the committee acknowledge the report has ambitious goals and that implementing them will require substantial funding.

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EPA Advisers Issue Surprise Call To Study CO2 Emissions Cuts

An EPA advisory committee's new air quality report includes a surprise recommendation for the agency to help states evaluate reductions of carbon dioxide (CO2) and other greenhouse gases that may be achieved under rules primarily intended to curb pollutants such as ozone and particulate matter.

The committee added the recommendation to a comprehensive report that calls for major changes in the way EPA regulates air quality. Members of the committee note the report has ambitious goals, but acknowledge that implementing them will require substantial funding.

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CALPERS MAY LOOK FOR AUTOMAKER CONFLICTS OF INTEREST IN GHG DISPUTE

The California Public Employees' Retirement System (CalPERS) is threatening to probe major auto company directors for potential conflicts of interest if the companies do not sufficiently respond to their questions about the industry's lawsuit against the state air board's greenhouse gas (GHG) regulation. The pension fund board may also seek the inclusion of other major investor groups against the auto companies, pursue "proxy battles," and file an amicus brief defending the state in the lawsuit.

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