Lynne Kiesling
I haven’t had time to read and think systematically about California’s proposed carbon policy, but I encourage you to read this post and this post at Environmental Economics, as well as the comments on them. I’ll probabably have something to say later, and it will likely riff off of John’s two posts.
Lynne,
http://www.climatechange.ca.gov/climate_action_team/reports/2006-04-03_FINAL_CAT_REPORT_EXECSUMMARY.PDF
The CA CO2 pseudo-goal (“wish”) is far less than Kyoto, in the short term. The reduction is to 1990 levels on a per capita, rather than an absolute basis. Kyoto used an absolute emissions basis. CA acknowledges that it cannot be achieved if other states do not follow suit. Oh well!
The CA “wish” for 2050, on the other hand, is a “pure wish”; there is no gobbyledegook “plan”, just a goal.
(“A goal without a plan is just a wish.”, Antoine de St. Exupery)