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Title Clean Development Mechanism agricultural methodologies could help California to achieve AB 32 goals
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Abstract California Assembly Bill 32 (AB 32), passed in 2006, mandates reductions in California's greenhouse gas emissions to 1990 levels by 2020. Charged with implementing the bill, the California Air Resources Board has identified emission reduction strategies, including nine for agriculture. The goals set for agriculture are voluntary, but because the agricultural sector represents a significant portion of both the state's economy and its greenhouse gas emissions, it offers considerable opportunities for mitigation activities. To reduce compliance costs, the Board's plan includes a cap-and-trade program that allows for offsets to be purchased from nonregulated firms that undertake mitigation in or outside the state. However, methodologies are needed to assess the impact of mitigating activities. Without them, emission reductions are expected to fall far short of potential. We review an existing international mechanism — the Kyoto Protocol's Clean Development Mechanism (CDM) — that offers a framework for evaluating offset projects and advanced methodologies that could facilitate AB 32 implementation in California.
Authors
Dinar Dr, Ariel
Professor of Environmental Economics and Policy
Water
Larson, Donald F. : D.F. Larson is Senior Economist, Development Research Group, World Bank, Washington, D.C.
Frisbie, J. Aapris : J.A. Frisbie is Graduate Student, Water Science and Policy Center, Department of Environmental Sciences, UC Riverside.
Publication Date Oct 1, 2012
Date Added Oct 22, 2012
Copyright © The Regents of the University of California
Copyright Year 2012
Description An international cap-and-trade program — the Clean Development Mechanism — has attracted investments in projects to mitigate greenhouse gas emissions, developing methodologies that California could use.
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