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California Air Board Relents on College Carbon Credits

Universities could be getting some last-minute relief from cap-and-trade

Many state college campuses have "cogeneration" facilities subject to fees under cap & 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