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The California Air Resources Board (CARB) invites community members and interested parties to participate in virtual community meetings to hear an overview of California’s Cap-and-Trade Program (Program) and to provide input to CARB staff about potential changes to the Program. The Cap-and-Trade Regulation (Regulation) establishes a declining limit on major sources of GHG emissions throughout California, and it creates a powerful economic incentive for significant investment in cleaner, more efficient technologies. CARB staff will be holding two virtual community meetings on Zoom, with the same content shared at each. CARB staff will provide an overview presentation, including an overview of the scope of amendments, and there will be a speaker to share the environmental justice perspective. CARB staff will be available for questions and comments from the attendees. The goal of the workshops is to provide information about how the Program works and to hear from community members interested in discussing and providing feedback on elements of the Program.
Session 1
Date: October 30, 2023
Time: 6:00 p.m. – 8:00 p.m.
Location: Remote Only
Session 2
Date: November 7, 2023
Time: 6:00 p.m. – 8:00 p.m.
Location: Remote Only
The public can also submit written comments following the meetings through 11:59 p.m. Pacific Time on December 1. A link to submit written feedback will be posted to the Cap-and-Trade Meetings & Workshops webpage.
The presentation will be presented in English with live Spanish interpretation of the presentation and available for commenters. For other special accommodations or language needs please contact Camille Sultana no later than October 24 for October 30 meeting and October 31 for the November 7 meeting.
Workshop Materials
Prior to the workshop, an agenda and presentation materials in both English and Spanish will be posted to the Cap-and-Trade Meetings & Workshops webpage.
Cap-and-Trade Background
CARB first formally adopted the Cap-and-Trade Regulation in October 2011. The Board adopted amendments to the Regulation in June 2012, October 2013, April 2014, September 2014, June 2015, July 2017, March 2018, and December 2018. The California Cap-and-Trade Program and Québec Cap-and-Trade System have participated in a linked carbon market since January 2014. In 2017, AB 398 was passed by a supermajority in the Legislature and included prescriptive direction on the design of the program from 2021 through 2030. The Cap-and-Trade Regulation establishes a declining limit on major sources of GHG emissions throughout California, and it creates a powerful economic incentive for significant investment in cleaner, more efficient technologies. The regulation is one of the measures adopted by CARB, pursuant to Health and Safety Code Sections 38500-38599 (AB 32) to reduce California’s greenhouse gas emissions and advance the State’s climate goals. It complements other measures to ensure that California cost-effectively meets its goals for GHG emissions reductions.
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