CMUA’s State & Federal Update
CMUA Annual Conference – April 1-3, 2014 in Napa CA

Legislative Outlook 2014

Increasing the RPS beyond 33%

Legislation No Longer Needed
• AB 327 by Henry Perea established that 33% RPS was the Floor and not the ceiling.

GHG Emission Reductions

2020 GHG Emission Reductions

Reductions Targets Beyond 2020
2030 2040 2050

Legislature Responds
SB 1156 SB 1125 AB 2050

• $850 million GHG
Fund from Auction
Proceeds
• $250 for High Speed
Rail

• On-going Funding Needed
• Emission Reductions Post 2020
• So is this the best use of the
GHG Fund?

AB 2200 (Speaker Perez) California
Cyber Security Commission

Leadership Changes

2014 Political Landscape
• 79 Assembly members
– One elected to the Senate last week
• 37 Senators
– Two Suspended
– One indicted last week
• Assembly Keeps 54 member Democratic Super
Majority
• Senate at 25 Democrats until November – loses
27 member super majority

It’s All About the Drought!

Are we there yet????
According to the LAO (FY 14-15) Revenue
$20 $15,000
$15
$10
$0,660 $3,000
$0,532
$5
$0
Year 1 (2014-
15 Budget
Plan)
Year 1, Proj.
Auction Rev.,
LOW.
Year 1, Proj.
Auction Rev.,
HIGH.
Proj. Revenue thru 2020, @
$15-$20 on
Avg.

According to C2ES – Cap & Trade Sector GHGs…

Projections within each Sector – According to C2ES…