United States 's Comprehensive Law And Regulations

2423 Words10 Pages
1. Executive Summary In the absence of federal legislation, states have the liberty to address climate change and formulate policies that mitigate greenhouse gas (GHG) emissions. Texas and California have similar deregulated energy markets and economic goals, yet have pursued different policies, providing a fitting opportunity for Texas to analyze, compare and consider California’s comprehensive law and regulations designed to mitigate GHG emissions. Key focus areas include electricity generation and use , transportation, and industry . Given the comprehensive focus of energy policies, this report specifically emphasizes electricity generation and use. , Texas has been successful in becoming a key leader in the energy market. Nevertheless, implementing market-driven regulations similar to California’s cap-and-trade program could provide additional benefits, especially in view of federal expectations to reduce Texas’s CO2 emissions by about 40 percent. This report provides an overview of California’s current efforts and challenges, especially those associated with its cap-and-trade program. The biggest challenge for Texas to adapt cap-and-trade regulation seems to lie within perception and attitude of its residents. Californian’s enthusiasm and investment is evident in the lawsuits aimed at maintaining stringent standards. Additionally, litigations challenges with the interstate commerce dormant clause in mind could cause costly and cumbersome delays to an
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