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Phillip F. Fargotstein. Environmental Attorney. F ennemore C raig. Source: Arizona Climate Action Plan, Executive Summary. Source: Arizona Climate Action Plan, Executive Summary. Source: Arizona Climate Action Plan. The Climate Change Pyramid. AZ Climate Action Plan.

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Presentation Transcript
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Phillip F. Fargotstein

Environmental Attorney

Fennemore Craig

the climate change pyramid
The Climate Change Pyramid

AZ Climate Action Plan

Western Climate Initiative

The Climate Registry

Other Regional Efforts

Federal Efforts

International Efforts

climate change reality
Climate Change Reality

Chicago

Climate

Exchange

MidwestGGA

EPA Climate

Leaders

DOE

Pending

Federal

Legislation

The

Climate

Registry

WCI

RGGI

EPA

Omnibus

Reporting

California

Bali Accord

Kyoto

Protocol

?

should ghg emissions reductions be reported
Shareholder Resolutions

SEC Requirements

Competition

State/Regional Initiatives

Potential Profit

SHOULD GHG EMISSIONS/REDUCTIONS BE REPORTED?
where should ghg emissions reductions be reported
EPA Climate Leaders Program

Dept. of Energy § 1605 Program

EPA Omnibus Bill Reporting 9-18 months

Chicago Climate Exchange

California Climate Action Registry

The Climate Registry June 2008

WHERE SHOULD GHG EMISSIONS/REDUCTIONS BE REPORTED?
western climate initiative cap trade
Sectors Under Consideration

What Threshold Will Apply?

Reporting Requirements?

The Role of Off-Sets?

Allocation vs. Auction?

Target Date: August 2008

WESTERN CLIMATE INITIATIVE "CAP & TRADE"