California Air Resources Board

Summary 

Requires CARB to establish rules and processes for certifying carbon dioxide removal processes used to create negative emissions credits. The bill also requires CARB by December 31, 2027, to adopt a regulation requiring emitting entities to purchase negative emissions credits equal to an increasing portion of their greenhouse gas emissions, as specified. Was not heard by the Assembly Natural Resources Committee.

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Summary 

This bill requires corporations with total annual revenues over $500 million and operating in California, beginning December 31, 2024, and annually thereafter, to develop a report on its climate-related financial risks and submit them to a climate reporting organization contracted by CARB, unless it already develops a similar report, as specified. The bill requires the climate reporting organization to prepare a public report that reviews the disclosure reports, an analysis of systemic and sector-wide climate-related financial risks, and identification of inadequate reports. The bill requires CARB to set a fee to cover its costs and adopt regulations authorizing it to seek administrative penalties for entities that fail to report, not exceeding $500,000 in a reporting year.

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Summary 

This bill requires CARB, by January 1, 2025, to develop and adopt regulations requiring corporations with revenues in excess of $1 billion doing business in California to disclose their greenhouse gas emissions to an emissions reporting organization using a specified protocol, but authorizes CARB to adopt a different protocol beginning in 2033. The bill allows reporting entities to include their emissions reported under the Mandatory Reporting Regulation with the reporting required by the bill. The bill requires CARB to establish assurance provider qualifications and a process for approval of assurance providers that ensures sufficient provider capacity, as well as timely reporting. The bill requires CARB by July 1, 2027, to contract with a university, as specified, to report on public disclosures made by these businesses, including in the context of State greenhouse gas reduction goals. The bill requires CARB to update the disclosure deadlines by January 1, 2030, to ensure Scope 3 emissions are reported as close in time as practicable to Scope 1 and 2 emission disclosures. The bill also requires reporting entities to pay an annual filing fee of no more than $1,000 and requires CARB to adopt regulations to impose administrative penalties for failure to report. 

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Summary 

This bill suspends the Low Carbon Fuel Standard regulation for one year and exempts suppliers of transportation fuels from the Cap-and-Trade program for one year. The bill also suspends motor vehicle fuel taxes and requires the State Controller to transfer an amount equal to State motor vehicle fuel tax revenue from the General Fund to the Motor Vehicle Fuel Account. Finally, the bill requires the State Controller to transfer an amount equal to the sale of allowances to the suppliers of transportation fuels under the Cap-and-Trade program in the 2021-2022 fiscal year to the General Fund. Failed passage and was granted reconsideration in the Senate Environmental Quality Committee.

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Summary 

Would have required CARB to annually produce an assessment of the greenhouse gas emissions associated with the transportation of oil in California, as specified, and to include the assessment on CARB's internet website. Held on suspense in the Assembly Appropriations Committee.

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Summary 

Would have increased the stringency of the 2030 greenhouse gas emission reduction goal from 40 percent below the 1990 level to 55 percent. Held on suspense in the Senate Appropriations Committee.

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Summary 

This bill limits the imported oil that may be processed by a petroleum refinery to no more than 60 percent beginning January 1, 2030, and no more than 50 percent by January 1, 2035.  Remains at the desk. 

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Summary 

This bill extends deadlines for the California Geological Energy Management Division (CalGEM) in consultation with CARB, to complete posting data, conduct peer review, and post the results of a study of fugitive greenhouse gas, toxic air contaminant, and volatile organic compound emissions from idle, idle deserted, and abandoned wells in the State. The bill extends the deadlines for posting collected data and conducting peer review from 2022 to 2026 and for posting the results of the study to their website from 2023 to 2028. Finally, the bill extends the sunset for these provisions from 2024 to 2029.

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Summary 

Requires CARB, in administering the Low Carbon Fuel Standard, to deem a Tier 2 pathway application certified if CARB does not take action within 15 days or receipt, or if the application has been pending for more than 60 days as of January 1, 2024. The bill also requires CARB to revise the alternative diesel fuel regulations to authorize the sale of alternative diesel fuel that contains up to 20 percent biodiesel by volume. Was not heard in the Assembly Transportation Committee.

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Summary 

This bill requires a business entity that is selling voluntary carbon offsets to disclose specified information on the carbon offset project on their website, including reductions or removals, standards, failure contingencies, and credit calculation protocols. The bill also requires an entity that purchases voluntary carbon offsets and makes claims regarding being net-zero or carbon neutral to disclose specified information on their website, including the offset registry or program, offset project type, protocol used, and all information documenting how the claim was determined to be accurate. The bill imposes a $5,000 per day civil penalty for each violation, not to exceed a total of $500,000 and defines "voluntary carbon offset."

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