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Environmental

Nov. 24, 2011

California’s cap and trade regulations: Will they survive long enough to make history?

The breadth and novelty of cap and trade make litigation a real possibility. By Malcolm C. Weiss and Ian M. Forrest of Hunton & Williams LLP


By Malcolm C. Weiss and Ian M. Forrest


LAST IN A TWO-PART SERIES: Part one appeared on Nov. 15.


Previously, we discussed the California Air Resources Board's (ARB) Oct. 20 adoption of its landmark "California Cap On Greenhouse Gas Emissions And Market-Based Compliance Mechanisms" and what it might mean for California.


As mentioned, the rules are not complete. ARB still must promulgate various regulations detailing and defin...

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