GHG RULE COST-EFFECTIVENESS LOOMS AS MAJOR CALIFORNIA BATTLEFIELD

摘要

As California regulators kick off a year-long process to develop a bellwether regulatory and market-based program to reduce greenhouse gas (GHG) emissions to 1990 levels by 2020, competing stakeholders are already elevating cost-effectiveness and economic modeling as major battlefields over the landmark rulemaking. Industry sectors and environmental groups are intensely scrutinizing how officials plan to estimate the costs of individual GHG regulations, as well as impacts to the state's economy as a whole.