Market Advisory CommitteeMarket Advisory Committee

Process Overview

Eileen Wenger TuttCalifornia Environmental Protection Agency

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AB 32 and S-20-06 AB32: Support for Market-Based Approach with

Enforceable Emissions Cap AB32: Need for Environmental Justice

Considerations

S-20-06: Collaboration between ARB & other CAT members to implement regulatory & market program– Ensure trading with EU, RGGI & others

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Market Advisory Committee Experts on Market Strategies Diverse Representation Works Closely and Cooperatively with ARB Support Implementation of California Global

Warming Solutions Act Make Recommendations to ARB by June 30,

2007– Draft Report Completed in May

ARB to Consider Adoption of Market-Based Regulations

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Market Advisory Committee

Comments and questions: climatechange@calepa.ca.gov

Next Public Meeting – June 12, 2007Discussion of draft report before release to ARB