California enacted the Global Warming Solutions Act (AB 32) in 2006. The wide-reaching environmental law is aimed at reducing greenhouse gas emissions by implementing a market based cap-and-trade program tied to an enforceable emissions cap that declines over time.
The California Air Resources Board was tasked under the law to develop a scoping plan to achieve cost-effective reductions in greenhouse gases from certain sources by the year 2020, using feasible technology. These sources include, among others, refineries, power plants, industrial facilities, and transportation fuel.
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