Assembly Bill No. 32 CHAPTER 488 Page: 4
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Ch. 488
flexible compliance schedule, alternative control technology, a process
change, or a product substitution.
(c) "Carbon dioxide equivalent" means the amount of carbon dioxide
by weight that would produce the same global warming impact as a given
weight of another greenhouse gas, based on the best available science,
including from the Intergovernmental Panel on Climate Change.
(d) "Cost-effective" or "cost-effectiveness" means the cost per unit of
reduced emissions of greenhouse gases adjusted for its global warming
potential.
(e) "Direct emission reduction" means a greenhouse gas emission
reduction action made by a greenhouse gas emission source at that source.
(f) "Emissions reduction measure" means programs, measures,
standards, and alternative compliance mechanisms authorized pursuant to
this division, applicable to sources or categories of sources, that are
designed to reduce emissions of greenhouse gases.
(g) "Greenhouse gas" or "greenhouse gases" includes all of the
following gases: carbon dioxide, methane, nitrous oxide,
hydrofluorocarbons, perfluorocarbons, and sulfur hexaflouride.
(h) "Greenhouse gas emissions limit" means an authorization, during a
specified year, to emit up to a level of greenhouse gases specified by the
state board, expressed in tons of carbon dioxide equivalents.
(i) "Greenhouse gas emission source" or "source" means any source, or
category of sources, of greenhouse gas emissions whose emissions are at a
level of significance, as determined by the state board, that its participation
in the program established under this division will enable the state board to
effectively reduce greenhouse gas emissions and monitor compliance with
the statewide greenhouse gas emissions limit.
(j) "Leakage" means a reduction in emissions of greenhouse gases
within the state that is offset by an increase in emissions of greenhouse
gases outside the state.
(k) "Market-based compliance mechanism" means either of the
following:
(1) A system of market-based declining annual aggregate emissions
limitations for sources or categories of sources that emit greenhouse gases.
(2) Greenhouse gas emissions exchanges, banking, credits, and other
transactions, governed by rules and protocols established by the state
board, that result in the same greenhouse gas emission reduction, over the
same time period, as direct compliance with a greenhouse gas emission
limit or emission reduction measure adopted by the state board pursuant to
this division.
(/) "State board" means the State Air Resources Board.
(m) "Statewide greenhouse gas emissions" means the total annual
emissions of greenhouse gases in the state, including all emissions of
greenhouse gases from the generation of electricity delivered to and
consumed in California, accounting for transmission and distribution line
losses, whether the electricity is generated in state or imported. Statewide
emissions shall be expressed in tons of carbon dioxide equivalents.89
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Secretary of State. Assembly Bill No. 32 CHAPTER 488, text, September 2006; Energy Solutions 2101 Wilson Blvd., Suite 550 Arlington, VA 22201. (https://digital.library.unt.edu/ark:/67531/metadc226649/m1/4/: accessed May 24, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; .