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California Air Resources Board Issues Draft Plan For Reducing Greenhouse Gas Emissions

On June 26, 2008, the Californias Air Resources Board (''CARB'') released its eagerly anticipated Draft Scoping Plan to implement Californias landmark Global Warming Solutions Act of 2006 (known as AB 32), which requires California to reduce statewide greenhouse gas (''GHG'') emissions by nearly 30% by 2020. CARB will finalize the Scoping Plan later this year, after an extensive outreach program. CARB will adopt implementing regulations by 2011 and they will become effective by January 2012.

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