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auctionproceeds -- Cap-and-Trade Auction Proceeds Public Workshop to Discuss Funding Guidelines for Agencies Administering Greenhouse Gas Reduction Fu

Posted: 09 Jun 2015 19:29:20
The Air Resources Board (ARB) invites you to participate in a
public workshop to provide input on the draft Funding Guidelines
for agencies administering Greenhouse Gas Reduction Fund
programs. The workshop will be held on Monday, June 22, 2015, in
Sacramento and available through webcast.  To download a copy of
the Workshop Notice, including the workshop time and location,
please visit: 
http://www.arb.ca.gov/cc/capandtrade/auctionproceeds/ggrfworkshopnotice-june22.pdf.

Each year, the Governor and Legislature determine which State
agencies and programs will receive appropriations from the
Greenhouse Gas Reduction Fund to invest in projects that reduce
greenhouse gases.  State law requires ARB to develop guidance for
all State agencies that receive appropriations, including
guidance on reporting, quantification methods, and maximizing
benefits to disadvantaged communities.  To comply with this law,
ARB is developing Funding Guidelines to help these agencies use
their appropriations in a way that reduces greenhouse gases,
furthers the purposes of AB 32, maximizes benefits to
disadvantaged communities, and meets the other statutory
requirements.  

The draft Funding Guidelines will be released prior to the
workshop and will be available at:
http://www.arb.ca.gov/cc/capandtrade/auctionproceeds/fundingguidelines.htm.
 At the workshop, ARB staff will discuss the draft version of the
Funding Guidelines for public comment.  Following the workshop
and public comment period, ARB staff will update and release a
revised draft of the Funding Guidelines.  On Thursday, July 23,
2015, ARB will hear public testimony and consider approval of the
Funding Guidelines.

For additional information on the State’s investment of
Cap-and-Trade auction proceeds, please visit:
www.arb.ca.gov/auctionproceeds.


BACKGROUND:

AB 32, the California Global Warming Solutions Act of 2006
(Assembly Bill 32 (AB 32); Nunez, Chapter 488, Statutes of 2006)
is a comprehensive, multi-year program to reduce greenhouse gas
emissions in California.  ARB has adopted a Scoping Plan and,
together with other State and local agencies, has developed and
implemented numerous regulations and programs, including the
Cap-and-Trade Program to reduce emissions to meet AB 32 goals.


California is in a drought emergency.
Visit www.SaveOurH2O.org for water conservation tips.

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