The proposed reporting regulations make interesting reading. You can review the ARB staff's Initial Statement of Reasons and draft regulations here.
Interestingly, the ARB staff estimates a fairly low cost of compliance for the reporting obligations that the new regulations will impose -- on the order of $3,000 to $300,000 per facility, with the higher costs imposed on the larger more complicated facilities (see pages 82-85 of the PDF). The economic impact of AB 32 will not result from reporting GHG emissions, but from reducing them.
- Morgan
Monday, November 26, 2007
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