With the achievement of the 2020 GHG emissions targets set in 2006, SB32 adopted new targets, committing the state to reducing GHG emissions to 40% below 1990 levels by 2030.
The enactment of AB32 committed California to reduce GHG emissions to 1990 levels by 2020. The legislation empowered the California Air Resources Board to adopt regulations that would achieve “the maximum technologically feasible and cost-effective GHG emission reductions”. With this
The landmark American Clean Energy and Security Act, also known as the Waxman-Markey for its authors and sponsors, Henry Waxman (CA) and Ed Markey (MA), passed in the US House of Representatives. It was blocked and never voted on in
Seven Northeast states agreed to establish a mandatory cap & trade system covering emissions from the electric power sector. RGGI was the first such mandatory carbon market in the United States.