Law Seminars International Presents: The Third Annual Seminar on

California Carbon Markets
Markets, policy and legal dynamics



June 26, 2014
Marriott Union Square in San Francisco, CA

Who Should Order This Homestudy

Attorneys, industry executives, environmental professionals, agency officials and other stakeholders

Why You Should Order

It's been more than seven years since the passage of California's landmark climate legislation, AB 32, and over a year since the first auction by the California Air Resources Board (ARB) under its Cap-and-Trade Program; so how is California doing in achieving the goals of AB 32 and what's to come in terms of post-2020 targets and a potential federal regulatory scheme?

This one-day program is intended to provide participants with an in-depth examination of how the California carbon markets are developing and how potential long-term goals and federal regulation are impacting the market. Among the topics to be addressed are the following:

~What is the state of the market and how will it change, when and if transportation fuels come into it in 2015?

~How is the prospect of mid- and long-term goals (post-2020) impacting the market?

~How does California's program align with other states' efforts to combat climate change and what obstacles might prevent states from moving forward on their own?

~How will AB32 fit within forthcoming EPA regulation under the President's Climate Action Plan?

Our distinguished faculty of policy experts, business leaders, environmental advocates and leading practitioners, all deeply involved in implementation of California's cap-and-trade program, will provide attendees an in-depth understanding of the market, and legal and policy dynamics shaping the California carbon markets today and in years to come.

Program Co-Chairs: Kevin Poloncarz, Esq., Paul Hastings LLP and Andre Templeman, Managing Director and Founder, Alpha Inception LLC

What You Will Learn



Agenda

Thursday, June 26, 2014

8:00 am

Registration Opens

 
8:30 am

Introduction and Background on AB32: Accomplishments to Date and a Broad Overview of the First Year of the Compliance Market

How have the auctions fared thus far and what's to come? What market, policy and legal issues are impacting the markets today?

Kevin Poloncarz, Esq., Program Co-Chair
Paul Hastings LLP / San Francisco, CA

Andre Templeman, Program Co-Chair, Managing Director and Founder
Alpha Inception LLC / Houston, TX

 
9:30 am

California Market Mechanics: Auctions, Secondary Markets, Linkages and More

Nuts and bolts of the way cap-and-trade markets work: Slippage concerns; relationship between auctions and secondary markets, pricing models; putting bids together; strategy tips for more effective market participation; new entrants from Quebec; ICE

Andre Templeman, Program Co-Chair
Alpha Inception LLC / Houston, TX

Dalibor Techlovsky
Aither CO2 / 20146 Milano,

 
10:30 am

Break

 
10:45 am

Current Issues in Market Regulations and Market Operations: What Needs Improvement?

What is functioning well; what is not; actions that should be taken to improve the market

Leonard Hochschild, Managing Director
Evolution Markets, Inc. / San Francisco, CA

 
11:30 am

Regionalization: Patchwork of Regulation or "Lovely Quilt"?

Role that regional/sub-national coalitions are playing in advancement of carbon markets: WCI (via CA and Quebec), RGGI, and promise of Pacific Coast Climate Action Plan; limitations on states acting on their own to pursue climate regulation

Kevin Poloncarz, Esq., Program Co-Chair
Paul Hastings LLP / San Francisco, CA

 
12:15 pm

Lunch (on your own)

 
1:30 pm

Cost Containment and Offsets: Organic "Home Grown" Market Participant Solutions vs. the Push for Legislative Action

Have cost containment mechanisms been tested? With the current low price environment, is the offset market even about cost-containment? What are the prospects for increased offset supply and REDD?

Kevin Townsend, Chief Commercial Officer
Blue Source, Inc. / Salt Lake City, UT

Katharine E. Young, Esq., General Counsel
Climate Action Reserve / Los Angeles, CA

 
2:30 pm

Federal Regulation: Leading or Following?

Role of 111(d) standards in incorporating/ establishing equivalency of California cap-and-trade or RGGI; limits on 111(d) to reflect demand side reductions, energy efficiency, etc.

Kyle Aarons, Senior Fellow
Center for Climate & Energy Solutions / Arlington, VA

Stacey L. VanBelleghem, Esq.
Latham & Watkins LLP / Washington, DC

 
3:30 pm

Break

 
3:45 pm

Resource Shuffling/Permissible Resource Reallocations

Asset-Controlling Supplier (ACS) questions: Delivery to CAISO at COB

Aiman El-Ramly, Chief Strategy Officer
ZE PowerGroup Inc. / Richmond, BC Canada

 
4:30 pm

2020 and Beyond: What are the Targets and How do We Reach Them?

Possibility of low-carbon energy procurement standard (as replacement for RPS after 2020); role of cap-and-trade in securing mid- and long-term goals

Timothy O'Connor, Esq., Director, California Climate Initiative
Environmental Defense Fund / San Francisco, CA

 
5:00 pm

Evaluations and Adjourn

 


Cost

Regular tuition for this program is $695 with a group rate of $520 each for two or more registrants from the same firm. For government employees, we offer a special half price rate of $347.50. For students, people in their job for less than a year, and public interest NGO's, our rate is $347.50. All rates include admission to all seminar sessions, food and beverages at breaks, and all course materials. Make checks payable to Law Seminars International.

Financial aid is available to those who qualify. Contact our office for more information.

Continuing Education Credits

Live credits: Law Seminars International is a State Bar of California approved MCLE provider. This program qualifies for 6.75 California MCLE credits. Upon request, we will apply for, or help you apply for, CLE credits in other states and other types of credits.



Cancellation

There is a $25 cancellation fee for Course Materials orders and $50 for Homestudy orders



Faculty Bios

Kevin Poloncarz, Program Co-Chair, partner in the Environmental and Energy practice at Paul Hastings LLP, represents clients in the energy sector in environmental compliance and enforcement proceedings, and administrative litigation concerning air quality and climate change.
Full bio and contact info for Kevin Poloncarz at Paul Hastings LLP

Andre Templeman, Program Co-Chair, Founder and a Principal at Alpha Inception LLC, is also the Executive Director for the Carbon Market Compliance Association (CMCA), a non-profit association of carbon compliance entities and market participants. He has been deeply involved in the carbon and renewable markets as they have emerged from a regulatory concept to a full-fledged commodity market.

Kyle Aarons, Senior Fellow at the Center for Climate & Energy Solutions, focuses on state and regional efforts to address climate change and promote clean energy. He also tracks and analyzes major state and regional policies, including California's cap-and-trade program.

Aiman El-Ramly is Chief Strategy Officer at ZE PowerGroup Inc., developers of the award winning ZEMA suite, and the Chief Operating Officer of ZE Power Engineering, a utility infrastructure (wires and lines) engineering design company. He is experienced in business development, consultative and project management.

Leonard Hochschild, Managing Director at Evolution Markets, Inc., manages the Global Carbon Markets Group, assisting global clients in assessing risk, establishing market strategies, and executing transactions in the global carbon market. His team has been at the forefront of carbon market design, carbon trading product development and has executed ground breaking transactions.

Timothy (Tim) O'Connor, Director of Environmental Defense Fund's California Climate Initiative, engages state regulatory agencies and legislature on the implementation of AB 32 with a focus on heavy industries, alternative fuels and vehicles, and compliance instruments in cap-and-trade programs.

Kevin Townsend, Chief Commercial Officer at Blue Source, Inc., leads sales and marketing efforts through development of strategic marketing initiatives. His responsibilities include structuring offset purchases and designing offset portfolios, expanding the offset portfolio through sourcing efforts in the wastewater treatment, organic digestion and industrial gas sectors.

Stacey VanBelleghem is a member of the Environment, Land & Resources Department, Latham & Watkins LLP. Her current representations include the National Climate Coalition on EPA regulation of greenhouse gases under the Clean Air Act.
Full bio and contact info for Stacey L. VanBelleghem at Latham & Watkins LLP

Katharine E. Young, General Counsel at Climate Action Reserve, oversees the legal aspects of the Reserve program, addressing offset project-specific questions, as well as policy matters. As Director of Government Affairs, she works with key policy-makers and stakeholders on the implementation of CARB's offsets program.

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