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Meeting Climate, Energy, and Economic Imperatives with Energy Efficiency California’s Policies for Reducing GHG Emissions in the Electric Sector Alliance to Save Energy International Policy Leaders Dialogue September 25, 2008 ,[object Object],[object Object],[object Object]
Governor Schwarzenegger’s  Executive Order on GHG Emissions June 1, 2005 ,[object Object],[object Object],[object Object],[object Object]
AB 32:  The Global Warming Solutions Act  of 2006
Costs of GHG Strategies McKinsey and Co. Analysis
Sources of GHG Emissions in California 2004
GHG Reductions in Electric Sector ,[object Object],[object Object],[object Object]
Electric Sector Context ,[object Object],[object Object],[object Object],GHG Emissions
Draft  Final Opinion from CEC and CPUC ,[object Object],[object Object],[object Object],[object Object],[object Object],Issued for Public Comment 9/12/08
All Cost-Effective Energy Efficiency ,[object Object],[object Object],[object Object],[object Object]
Energy Efficiency Standards ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Energy Efficiency Savings GWh 10,000 20,000 30,000 40,000 50,000 1980 1990 2000 2006 Cumulative
Energy Efficiency Results
33% Renewable Energy Renewable Portfolio Standard
Contracts for New RPS Capacity
Barriers to Meeting the RPS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Other Programs for Renewables ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cap-and-Trade Program ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Allowance Allocation Summary Free Allocation Auction Allocations 2012 80% 20% 2016 0 100% Allowances Granted to: Deliverers (Generators) Retail Providers (Utilities) Number Based on: 2012 Output + Fuel Source Historical Emissions 2020 NA Sales
Auction Revenue ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
C&T Design Features ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Conclusions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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