California’s Air Resources Board is planning to allow REDD offsets in its cap and trade scheme, Global Warming Solutions Act (AB 32). Friends of the Earth USA has sent out an action alert asking people in California to tell the Chair of Air Resources Board, Mary Nicholls, to reject REDD.
California is currently considering whether to allow REDD credits into its Global Warming Solutions Act (AB 32). For several years, there has been a (sometimes heated) debate about this issue, some of which REDD-Monitor has documented.
California’s Global Warming Solutions Act (or AB 32) requires California to reduce greenhouse gas emissions to 1990 levels by 2020. A cap and trade mechanism is part of AB 32. In 2013, the cap was set at 2% below the emissions forecast for 2013. In 2014, it was set at 2% lower.
Carlos Klink, secretary of the climate change unit at Brazil’s environment ministry, recently told Bloomberg that Brazil would use REDD credits generated in the country to meet its own emissions targets. Where does that leave California, which is considering using REDD credits from the Brazilian state of Acre?