The Market Advisory Committee released its final report, detailing its recommendations for designing a greenhouse gas cap-and-trade system. The final report did not change the committeeâ€™s original recommendation to allow carbon offsets from landfill gas projects while excluding landfills from a carbon cap. However, in response to CAWâ€™s concerns, the MAC did acknowledge this issue in a footnote, encouraging CARB to determine whether this policy might â€œundermine or weaken existing policies for compostingâ€. CAW will continue to monitor this and urge the ARB to ensure that any future cap-and-trade system does not incentivize the landfilling of organics
The Air Board will be accepting the report of the Market Advisory Committee at its board meeting on July 26th.