The CPUC will soon issue their recommendations to the California Air Resources Board (CARB).
Perhaps, a harbinger of things to come from the CPUC, at a hearing this week (2/6), CARB hinted that point of regulation will come from the source (generators) and that auctions, rather than allocations will be the name of the game.
Why should we care? This means nothing to me! Well, here’s where you should care: CARB outlined five “policy scenarios” they plan to analyze with economic models to determine the impact of California’s attempt to reduce GHG emissions through AB 32 – on energy prices; economic output; jobs; and other key aspects of the state’s economy. They said that more options might be subsequently analyzed.
What else could be analyzed, you ask? Well, try this one on. At present, the talk is to regulate only the large users, the problem for the large users is that they are only a fraction of the problem. Who is the larger problem? You and me and our cars. So if the State decides to tax the output of GHG – get your wallet ready, as you may be paying even more to drive!
Smarter would be to create an infrastructure that reduces GHG’s an provides us with clean power, right?! Maybe we should rethink our views on transmission and embrace it.
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