Bill Text: CA AB572 | 2013-2014 | Regular Session | Amended

California Assembly Bill 572 (Prior Session Legislation)

Bill Title: California Global Warming Solutions Act of 2006: market-based compliance mechanisms.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-02-03 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB572 Detail]

Download: California-2013-AB572-Amended.html

BILL NUMBER: AB 572	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  MARCH 14, 2013

INTRODUCED BY   Assembly Member Atkins

                        FEBRUARY 20, 2013

   An act to add  Section   Sections 
38571.5  and 38571.6  to the Health and Safety Code,
relating to greenhouse gases.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 572, as amended, Atkins. California Global Warming Solutions
Act of 2006: market-based compliance mechanisms.
   The California Global Warming Solutions Act of 2006 designates the
State Air Resources Board as the state agency charged with
monitoring and regulating sources of emissions of greenhouse gases.
The state board is required to adopt a statewide greenhouse gas
emissions limit equivalent to the statewide greenhouse gas emissions
level in 1990 to be achieved by 2020, and to adopt rules and
regulations in an open public process to achieve the maximum,
technologically feasible, and cost-effective greenhouse gas emissions
reductions. The act authorizes the state board to include use of
market-based compliance mechanisms. Existing law requires all moneys,
except for fines and penalties, collected by the state board from
the auction or sale of allowances as part of a market-based
compliance mechanism to be deposited in the Greenhouse Gas Reduction
Fund and to be available upon appropriation by the Legislature.
   This bill, for purposes of determining the viability of
incentivizing greenhouse gas emissions reductions through increased
energy efficiency, would require the  state board 
 Public Utilities Commission  , in consultation with the
 state board and the  State Energy Resources Conservation
and Development Commission, to  identify and evaluate the
energy efficiency investments of at least one large-scale building
development project that the state board determines will likely
provide a significant low-cost opportunity for  develop
one or more protocols, as specified, to enable 3rd   -party
intermediaries to document, aggregate, and trade or sell on behalf of
specified entities, the  greenhouse gas emissions reductions
 through investment in   value of  energy
efficient measures that are more stringent than applicable building
code standards.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 38571.5 is added to the Health and Safety Code,
to read:
   38571.5.  To determine the viability of incentivizing greenhouse
gas emissions reductions through increased energy efficiency, the
 state board   Public Utilities Commission 
, in consultation with the  state board and the  State
Energy Resources Conservation and Development Commission, shall
 identify and evaluate the energy efficiency investments of
at least one large-scale building development project that the state
board determines will likely provide a significant low-cost
opportunity for   develop one or more protocols to
enable third-party intermediaries to document, aggregate, and trade
or sell on behalf of commercial property owners, California
businesses, and municipal facility clients, the  greenhouse gas
emissions reductions  through investment in  
value of  energy efficient measures that are more stringent than
applicable building code standards.
   SEC. 2.    Section 38571.6 is added to the  
Health and Safety Code   , to read:  
   38571.6.  In developing the protocols described in Section
38571.5, the Public Utilities Commission shall do both of the
following:
   (a) Give full consideration to the need for adequacy of the scale,
type, and number of projects proposed, which shall include
multiunit, affordable housing projects and school projects.
   (b) Recommend procedures to ensure transparency in selection of
projects and accurate accounting of credits so that credits are
counted only once for the purpose of meeting any compliance
obligation required by law with respect to carbon emission.