arbcombo -- EAAC meeting on August 13, 2009

The notice and agenda for the first meeting of the Economic and
Allocation Advisory Committee (EAAC) on August 13 have been
posted. They can be found on the California Climate Change Portal
at:

http://www.climatechange.ca.gov/eaac/

Date: Thursday, August 13, 2009

Time: 9:30 am (Pacific Time)

Location: Gateway Room

Bently Reserve

301 Battery St.

San Francisco, CA 94111

The EAAC comprises economic, financial, and policy experts with
various backgrounds and experiences. It will provide advice on
allocation of allowances and use of their value in a California
cap-and-trade program. It will evaluate the implications of
different allowance allocation strategies such as free
allocation, auction or a combination of both. The committee
members also will help inform the economic analysis of AB 32
implementation. The Committee is expected to prepare a report
with its findings by the end of the year.

Note that background materials for the Committee and public
comments have also been posted at
http://climatechange.ca.gov/eaac.

The meeting will be webcast:

http://www.calepa.ca.gov/Broadcast

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The energy challenge facing California is real. Every Californian
needs to take immediate action to reduce energy consumption. For
a list of simple ways you can reduce demand and cut your energy
costs, visit the Flex Your Power website at www.fypower.org .
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