California’s Long-Term Energy Policy

Long-Term Energy ChallengesoEconomic challenges

oEnvironmental impacts

oPolicy changes

Economyo Maximizing investments from state run

programso Example: Cap-and-Trade & Prop 39 funds

o Maintaining economic vitality, quality of life and creating sustainable job growth

o California can become the model to the nation and rest of the world on how to curtail GHG emissions while bolstering our state’s economy

Environmento Rising sea levels and dramatic changes in

weather patterns

o High rates of extinction for both plants & animals

o Loss of ecosystems around the state

o Increased GHG emissions caused by population growth and increased energy & fuel consumption

Policyo Align California’s energy policy with our

state’s growing energy and transportation needs, which:o preserves grid reliability while mitigating

GHG emissions o enables ALL renewable technologies and

alternative fuels to be considered for RD&D programs and the CPUC’s LTPP process

o considers direct and indirect costs to the electrical system

CAISO’s Duck Graph

AB 284 – The Road to 2050

Coordination

Increases transparency and communication between the state agencies and legislature

Increases private sector participation

Advisory Report

Improves data collection and analysis of GHG emissions and reductions

Marginal cost-curve analysis of each AB 32 associated program