Expert Bloomberg BNA authors examine an upcoming California state court case concerning the state’s auctions of carbon allowances. The court will decide whether the legislature authorized the California Air Resources Board to conduct the auctions, and whether funds raised by the auctions constitute revenue or a regulatory fee. The authors believe that the outcome of the case will not remove cap-and-trade, as the auctions are nonessential and allowances can be freely distributed.
Price: $25 PDF
By Peter M. Morrisette, Ph.D., and Robert D. Infelise (Aug. 19, 2013)
A California state court is preparing to resolve major issues in two cases addressing the state's auctions of carbon allowances. The court will have to determine whether the legislature authorized the California Air Resources Board to conduct the auctions, and whether the billions of dollars raised by the auctions constitute revenue or a regulatory fee. The authors of this article believe that, even if the auctions do not survive the legal challenge, cap-and-trade will remain because the auctions are not essential to the program, as the allowances can be distributed for free.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)