California’s Long-Term Energy Policy

Long-Term Energy Challenges o Economic challenges o Environmental impacts o Policy changes

Economy o Maximizing investments from state run programs o 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

Environment o 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

Policy o 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