Presentation: Money From Thin Air! How Could California’s Cap-and-Trade Auction and Compliance System Help Water Districts?

Carbon allowances, offsets and auctions are a new reality in California with the implementation of AB 32. Can this become a new funding source at a time when water managers are balancing critical capital project deferrals and rate affordability? At this panel, you will learn about the California Air Resources Board’s phased implementation of the new cap-and-trade program, the upcoming auctions, compliance offsets and protocols development. Could the new offsets mechanism allow for watershed restoration, low impact development (LID) wastewater and other natural capital projects to pencil out? Join us and hear more about the revenues, costs and the potential impact to your water agency.