Related ARB inks

• AB 32 Overview
• AB 32 Scoping Plan
• Cap-and-Trade Program
• Scoping Plan Economic Models

Right Column

Economic and Allocation Advisory Committee

On May 22, 2009, Secretary of Environmental Protection Linda Adams appointed a 17-member Economic and Allocation Advisory Committee (EAAC) to advise on the implementation of the state's landmark Global Warming Solutions Act of 2006 (AB 32) and associated cap-and-trade system that will reduce California greenhouse gas emissions to 1990 levels by 2020.

The EAAC comprises economic, financial, and policy experts with various backgrounds and experiences. It will provide advice on allocation of allowances and use of the their value. It will evaluate the implications of different allowance allocation strategies such as free allocation, auction or a combination of both. The committee members also will help inform the ARB on its revised economic analysis. The Committee is expected to prepare a report with its findings by the end of the year.

In December 2008, the Air Resources Board adopted the AB 32 Scoping Plan, which serves as California's blueprint for reducing greenhouse gas emissions. The Plan called for essential complementary measures along with the creation of a cap-and-trade program. The proposed cap-and-trade system would cover 85 percent of California's largest emission sources including electricity generation, large industrial sources, transportation fuels, and residential and commercial use of natural gas.

On January 11, the EAAC will present final allocation recommendations to the State. The Committee will have a final public conference call in February to adopt its economic impacts report. Chair Goulder and will present both EAAC reports to the Air Resources Board February 25th. ARB staff will propose an allocation approach, consider the EAAC recommendations and extensive public process, to the Board in the fall of 2010 with the cap-and-trade regulation.

Gov. Schwarzenegger Letter to AB 32 Economic and Allocation Advisory Committee, May 22, 2009 (News Release)

Meeting Schedule

• January 11, 2010 EAAC Meeting - Notice and Materials
• January 8, 2010 EAAC Meeting - Notice and Materials
• December 15, 2009 EAAC Meeting - Notice and Materials
• December 11, 2009 Stakeholder Meeting - Notice and Materials
• November 18, 2009 Stakeholder Meeting - Notice and Materials
• November 4, 2009 Stakeholder Meeting - Notice and Materials
• October 7, 2009 Stakeholder Meeting - Notice and Materials
• August 13, 2009 - Stakeholder Meeting - Notice and Materials
• July 1, 2009 - Stakeholder Meeting - Notice and Materials

EAAC Drafts and Supporting Documents

• State Agency and Committee Reports and Documents
• EAAC Reports
• Materials Provided by EAAC Members (PDF files)
• External Reports

Comments

Comments on the questions posed at the first EAAC meeting or on any topic relevant to the Committee will be accepted at any time. Please send them to eaac@calepa.ca.gov

• Comments Submitted (PDF files)

Advisory Committee Members

• EEAC Subcommittee Membership (PDF file)
• EAAC Members' Biographies, updated 12/3/09. (PDF file, 5 pages, 427 kb)