1. Greenhouse Gas Management in California Who will be regulated?

2. What are Greenhouse Gases?  Trap the sun’s rays and warm the earth  Atmospheric concentrations increasing Global Warming Potential Carbon Dioxide1 Methane23 Nitrous Oxide296 HFCs120 - 12,000 Freons5700 - 11,900 Sulfur Hexafluoride22,000

3. Greenhouse Gases in California Emissions Estimate from 2002

4. Greenhouse Gas by End-Use (2002)

5. GHG Trends Since 1990

6. California’s Carbon Intensity is Low

7. Who could be impacted?  Transportation – individual drivers, transportation systems, airlines, shippers  Electricity generators  Electricity users -Building owners and tenants -Residential developers  Industrial energy users  Waste disposers

8. Reducing Carbon Footprint  Measure carbon footprint -Desired verification drives methods -CCAR methods designed to be consistent with Kyoto  Reduce carbon demand -Energy audit and conservation  Acquire carbon offsets -Different acquisition options -Recent skepticism on the true value of offsets