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Environmental & Energy,
Administrative/Regulatory

Jan. 10, 2018

AB 398: Extends state cap-and-trade program

In addition to extending the life of the gas emissions reduction program, Assembly Bill 398 also strengthened its legal underpinnings with a 2/3 supermajority vote which foreclosed a further legal challenge as an improper tax under Proposition 26.

Jeremy A. Meier

Shareholder
Greenberg Traurig LLP

Email: meierj@gtlaw.com

UC Davis SOL King Hall; Davis CA

Jeremy has extensive experience in regulatory affairs and government litigation representing corporations and individuals doing business in California.

See more...

Thomas L. Sheehy

Senior Director
Greenberg Traurig LLP

Email: sheehyt@gtlaw.com

Thomas practices in the firm's Government Law & Policy group.

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On July 25, 2017, Gov. Jerry Brown signed Assembly Bill 398 into law extending California's market-based greenhouse gas emissions reduction program, aka "cap and trade," until 2030. In addition to extending the life of the program, AB 398 also strengthened its legal underpinnings with a 2/3 supermajority vote which foreclosed a further legal challenge as an improper tax under Proposition 26. Practitioners can expect significant regulatory action as the California Air ...

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