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Katy Grimes

CA Air Board Postpones ‘Giant Climate Change Coalition’ Carbon Auction with Québec

Wednesday the California Air Resources Board announced the first joint cap-and-trade carbon credits auctionbetween California and Québechas been postponed due to “technical difficulties.” Some carbon followers say the new auction will be scheduled in the next three working days.

Under AB 32, California’s Global Warming Solutions Act, the 2006 legislation signed into law was to supposedly lower the state’s carbon emissions to 1990 levels by 2020. CARB recently added to the carbon reduction plan the goal of 80 percent below 1990 levels by 2050, because California already reached 1992 levels just with technological advances in autos, as well as the… Read More

Katy Grimes

CARB, EPA Shakedown Hyundai and Kia Over New Car ‘Dirty Emissions’

The Environmental Protection Agency and U.S. Department of Justice just ‘settled’ an historic lawsuit with Hyundai, Kia, et.al. over alleged Clean Air Act violations, based on the carmakers’ sale of vehicles that are anticipated to emit more greenhouse gas emissions than certified to the EPA.

The EPA and DOJ are hitting the automakers with collective penalties valued at around $300 million for Clean Air Act violations including $100-million in civil penalties, the largest such fines in EPA history.

The $100 million civil fine got the… Read More

Katy Grimes

Cap and Trade Hearing Has Lawmakers Lining Up With Spending Plans

With billions of dollars expected to be generated by the California Air Resource Board’s cap and trade auctions, many in the Legislature are excited with ideas of how to spend the money.

But rather than scheming on foolhardy, unsustainable spending plans, if the real goal is to reduce greenhouse gas emissions, experts involved in the process say the Legislature should give the money back to the businesses it taxed, with the proviso the money is spent helping the companies lower their emissions.

What is AB 32 and Cap and Trade?

Last week, the Senate held a very long… Read More