Friday, December 5, 2014

FREE Webinar - Cap & Trade Funding: What it means for Sierra communities - Tues Dec 9

Sierra Business Council

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Cap & Trade Funding: What it Means for Sierra Communities
Sierra Climate Adaptation and Mitigation Partnership
(Sierra CAMP) 

Don't forget to register for Tuesday's free webinar, Cap & Trade Funding: What it Means for Sierra Communities. During this webinar you'll hear from SBC's Government Affairs Director, Kerri Timmer, on the current status of California's cap-and-trade funding and the Sierra's eligibility. 

Webinar Details: 
Cap & Trade Funding: What it Means for Sierra Communities
Tuesday, December 9th, 2014
11:00 am Pacific Standard Time

What is cap-and-trade?
California's cap-and-trade program, that began on January 1st, 2013, is a crucial part of Assembly Bill 32 (AB 32), the state's Global Warming Solutions Act that commits to statewide Greenhouse Gas (GHG) emissions reductions to 1990 levels by 2020, a 15% reduction from "business as usual". With cap-and-trade, the state sets a cap to limit emissions and auctions off allowances. Companies that keep their emissions below the cap can "trade" emission credits to those companies exceeding their limit. 

How will cap-and-trade revenue be spent? 
The revenues from these auctions will be used to reduce GHG emissions and, to the extent feasible, achieve co-benefits such as job creation, air quality improvements, public health benefits, improved transportation, and forest health. 

Why does this matter to the Sierra?
Communities around the state are organizing to apply for the various pools of cap-and-trade funding. SBC is working to ensure that rural communities in the Sierra and elsewhere remain eligible for this funding. 

Check out Kerri Timmer's cap-and-trade blog post on the SBC website to learn more!

Thanks for reading, and don't forget to join us on Facebook orTwitter for up-to-the-minute updates!
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