1. ++++++++++++++ ++++++++++++++ Pew Center Resources for State Climate Action Josh Bushinsky State Solutions Fellow Pew Center on Global Climate Change August 25, 2005 WRAP Meeting on Climate Change

2. ++++++++++++++ ++++++++++++++ The Pew Center Founded in May 1998 Independent, Non-Profit, Non- Partisan Research (science and impacts, policy, economics, solutions) Education and Outreach Business Environmental Leadership Council

3. ++++++++++++++ ++++++++++++++ 40 BELC Companies

4. ++++++++++++++ ++++++++++++++ What We Believe... First, we accept the views of most scientists that enough is known about the science and environmental impacts of climate change for us to take actions to address its consequences. Second, businesses can and should take concrete steps now in the U.S. and abroad to assess opportunities for emission reductions, establish and meet emission reduction objectives, and invest in new, more efficient products, practices and technologies. BELC principles

5. ++++++++++++++ ++++++++++++++ What We Believe… Third, the Kyoto agreement represents a first step in the international process, but more must be done both to implement the market-based mechanisms that were adopted in principle in Kyoto and to more fully involve the rest of the world in the solution. Fourth, we can make significant progress in addressing climate change and sustaining economic growth in the United States by adopting reasonable policies, programs and transition strategies. BELC principles

6. ++++++++++++++ ++++++++++++++ What business needs from policy-makers Reasonable targets and timetables Regulatory certainty Protection for early action Internationally compatible trading systems

7. ++++++++++++++ ++++++++++++++ Pew Center Expertise Research Policy tracking Resource Business engagement Linkages

8. ++++++++++++++ ++++++++++++++ West Coast Governors’ Initiative & WGA RGGI WGARGGI Observers NEG-ECP & RGGI Powering the Plains WGA & Powering the Plains Regional Initiatives

9. ++++++++++++++ ++++++++++++++ Renewable Portfolio Standards ME: 30% by 2000 HI: 20% by 2020 IA: 105 MW AZ: 1.1% by 2020 CO: 10% by 2015 NM: 10% by 2011 TX: 10,000 MW New by 2015 CA: 20% by 2017 NV: 15% by 2013 MT: 15% by 2015 MN: Xcel 1125 MW by 2010 WI: 2.2% by 2011 NY: 25% by 2013 MA: 4% New by 2009 DC: 11% by 2022 NJ: 6.5.% by 2008 CT: 10% by 2010 MD: 7% by 2008 RI: 16% by 2009 PA: 18% by 2020 VT: equal to load growth 2005 - 2012 IL: 8% by 2013

10. ++++++++++++++ ++++++++++++++ Regional Greenhouse Gas Initiative Regional cap-and-trade program initially covering CO 2 emissions from power plants Nine states, with PA, MD, DC observing Pew Center on Resource Panel –Allowance allocation –Modeling –Offsets –Workshops –Decision support

11. ++++++++++++++ ++++++++++++++ Western Governors Association Clean and Diversified Energy Initiative –Clean Coal Task Force Carbon Management subgroup –Energy Efficiency Task Force –Transmission Task Force

12. ++++++++++++++ ++++++++++++++ Ohio Climate Technology Strategy Project Exploring market opportunities for climate-friendly technologies –Advanced coal –Carbon sequestration –Wind power Business and state collaboration –Ohio Coal Development Office –Third Frontier –Cluster initiatives

13. ++++++++++++++ ++++++++++++++ Pew Web Resources/States

14. ++++++++++++++ ++++++++++++++ For More Information www.pewclimate.org States web resources http://www.pewclimate.org/what_s_being_done/in_the_states/index.cfm