Environmental & Energy,
Administrative/Regulatory
Apr. 14, 2017
Why cap-and-trade ruling matters
Beyond the obvious answer -- CARB can keep auctioning emissions -- the 3rd District's recent decision has several important implications.
Are greenhouse gas emissions auctions a form of taxation? The answer, according to a divided panel of the California's 3rd District Court of Appeal, is no. That answer has important implications for greenhouse gas regulation in California, and also for the growing body of case law considering the distinctions among taxes, regulatory fees, and other forms of governmental revenue. But the answer may not be final. Since its inception, many observers have expected that California Chamber o...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In