Universities could be getting some last-minute relief from cap-and-trade
California universities appear to be in line for some relief from the state’s imminent carbon pollution fees.
Implementation of California’s controversial cap-and-trade program for greenhouse gases is only four months away, meaning it’s crunch time for the state’s Air Resources Board. On Thursday, the board will stage a dry run offering likely participants an opportunity to practice bidding on California carbon allowances — and allowing the ARB a chance to test its platform.
Not like it doesn’t already have its hands full. For months, cap-and-trade-eligible emitters including private businesses, military bases, universities, and waste-to-energy power-plant operators have been crying for exemptions under AB 32, arguing that they would suffer undue financial hardships. Continue reading