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auctionproceeds -- Cap-and-Trade Auction Proceeds Public Workshop on the Funding Guidelines for Agencies Administering Greenhouse Gas Reduction Funds
Posted: 03 Jul 2015 08:22:30
The Air Resources Board (ARB) invites you to participate in a public workshop on the draft Funding Guidelines for agencies administering Greenhouse Gas Reduction Fund programs. The workshop will be held on Thursday, July 16, 2015, in Los Angeles at 6:00 PM. To download a copy of the Workshop Notice, including the workshop time and location, please visit: http://www.arb.ca.gov/cc/capandtrade/auctionproceeds/ggrfworkshopnotice-july16.pdf. Each year, the Governor and Legislature determine which State agencies and programs will receive appropriations from the Greenhouse Gas Reduction Fund to invest in projects that reduce greenhouse gases. State law requires ARB to develop guidance for all State agencies that receive appropriations, including guidance on reporting, quantification methods, and maximizing benefits to disadvantaged communities. To comply with this law, ARB is developing Funding Guidelines to help these agencies use their appropriations in a way that reduces greenhouse gases, furthers the purposes of AB 32, maximizes benefits to disadvantaged communities, and meets the other statutory requirements. The draft Funding Guidelines document is available at: http://www.arb.ca.gov/cc/capandtrade/auctionproceeds/fundingguidelines.htm. At the workshop, ARB staff will discuss the draft Funding Guidelines. On Thursday, July 23, 2015, ARB will hear public testimony and consider approval of the Funding Guidelines. For additional information on the State’s investment of Cap-and-Trade auction proceeds, visit: www.arb.ca.gov/auctionproceeds. BACKGROUND: AB 32, the California Global Warming Solutions Act of 2006 (Assembly Bill 32 (AB 32); Nunez, Chapter 488, Statutes of 2006) is a comprehensive, multi-year program to reduce greenhouse gas emissions in California. ARB has adopted a Scoping Plan and, together with other State and local agencies, has developed and implemented numerous regulations and programs, including the Cap-and-Trade Program to reduce emissions to meet AB 32 goals. California is in a drought emergency. Visit www.SaveOurH2O.org for water conservation tips.
