CARB Outlines Novel Plan For Advancing Cap & Trade Rule Amendments

The California air board has issued a special notice detailing an unusual process it plans to follow as it develops its upcoming proposal to significantly amend the state's greenhouse gas cap-and-trade regulations. According to one industry consultant, the new process marks an unusual departure from the board's normal regulatory amendment process where an initial draft plan is circulated for stakeholder comment prior to the release of the formal final rulemaking proposal. “This rulemaking is different since the first time stakeholders...