From Allison C. Smith and Lee N. Smith: Last week was busy for the California Cap-and-Trade Program, adopted by the California Air Resources Board (CARB) last December under A.B. 32. First, last Tuesday, CARB Chairman Mary Nichols announced at a Senate hearing that the first scheduled Cap-and-Trade allowance auction, scheduled for August 2012, will be … Continue Reading
On Friday, June 24 the California First District Court of Appeals ordered a stay the lower court’s injunction that prevented the California Air Resources Board from working on the Cap & Trade program pending resolution of the Appeal of the lower court on the Writ of Mandate. Thus, the state can continue development of the Cap … Continue Reading
