California’s Cap-and-Trade Extension to Face Challenges, Says Moyer

Details Will Bedevil as Calif. Cap-and-Trade Moves Forward
– Law360

Law360 quoted Manatt’s Craig Moyer, chair of the firm’s land, environment and natural resources group, on California’s expansion of the state’s cap-and-trade system.

The publication explained that the program is likely to face regulatory and legal hurdles. While the program’s long-term existence was secured with a ten-year extension, successful implementation will be difficult.

“You’re looking at a program that’s very complicated and will be very expensive no matter how you slice it,” said Moyer. “The years between 2020 and 2030 will be challenging.”



pursuant to New York DR 2-101(f)

© 2022 Manatt, Phelps & Phillips, LLP.

All rights reserved