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Skip Navigation LinksPUC > Energy > Climate Strategy > Misc > Agenda: April 19, 2007 Symposium

Linking Load-based and Source-based Greenhouse Gas Cap and Trade Systems: Issues and Solutions

April 19, 2007
California Public Utilities Commission Auditorium
505 Van Ness Avenue, San Francisco
9:00am-5:00pm

 

 

Agenda & List of Speakers

9:00 a.m. Introductions
  • Nancy Ryan, Energy Advisor to President Peevey, California Public Utilities Commission 
  • Julie Fitch, Director of Strategic Planning, California Public Utilities Commission
9:15 - 11:30 a.m. Session 1: Emissions Cap Design Options: What, Why, and How?  Overview of load-based and source-based cap designs, rationale, and how different systems can be linked. What issues does either system have to wrestle with? (e.g., imports, leakage, integration with other utility policies, integration with other air pollution policies, linkage with other GHG programs, model for and/or consistency with future federal program, which regulated entity has the most options, effect on renewables and efficiency.)  How could a CA load-based program link with the Northeast Regional Greenhouse Gas Initiative (RGGI) and European Union (EU) source-based programs, with other countries' programs, and with a source-based program in the rest of California? What does it take to link programs? What are the challenges? How could they be overcome? 

Moderator: Julie Fitch, California Public Utilities Commission 

11:30 - 12:30 pm. Lunch Break
12:30-2:30pm Session 2: Emissions Reporting and Tracking. All cap designs require tracking of emissions. Load-based regulations require systems and rules to assign emissions and other attributes to power sales. If source-based regulations seek to minimize leakage, they also require tracking and attribution of imports. Can emissions be tracked or assigned adequately under either system? What can we learn from the experience with generator information systems (GISs), disclosure rules, and with renewable energy credit (REC), green tag, and white tag tracking? How can the systems be gamed? How can gaming be prevented or corrected? 

Moderator: Karen Griffin, California Energy Commission 

  • Chris Sherry, New Jersey Department of Environmental Protection 
  • Hal Nelson, Claremont Graduate University 
  • Scott Murtishaw, CPUC 
  • Devon Walton, APX 
  • Michael McCormick, California Climate Action Registry
2:30 - 2:45 p.m. Break
2:45- 4:15 p.m. Session 3: The Federal Question. What happens if/when a federal cap and trade program is implemented? How can different state-level designs be integrated into a single federal approach? What happens to a CA load-based GHG cap and trade program if the federal program is source-based? How could the programs be aligned to create one national greenhouse gas trading market? How should California structure its program so that when a federal program comes along it is least disruptive to the CA program and CA citizens can get the benefits of the broader national program? What is in play at the federal level? 

Moderator: Rich Cowart, Regulatory Assistance Project 

4:15 - 4:45 p.m. Wrap-up 
  • Julie Fitch, Director of Strategic Planning, California Public Utilities Commission

  

Last Modified: 11/4/2007


 
 
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