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HomeHealth and Safety CodeDiv. 26Pt. 2Ch. 7§ 39920 Emission Credit Trading Program

§ 39920 Emission Credit Trading Program

Health and Safety Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 39920 Emission Credit Trading Program

Key Takeaways

  • •The state keeps track of pollution cuts (like points for cleaning the air) to help build new, clean power plants.
  • •These pollution-cut points can be saved, traded, or bought by companies.
  • •Some of these points must go into a special state bank to help new, clean power plants get built faster.

Example

A company builds a new solar farm and earns pollution-cut points for not polluting.

The company can save these points, sell them to another company, or use them later. Some of these points must go to the state bank to help other new clean power plants get built.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 39920 Emission Credit Trading Program

On or before July 1, 2001, the state board shall implement a program for tracking the emission reduction credits made available by the program required under Section 39915, and for facilitating the banking, trading, and purchasing of those credits in order to expedite the construction of new, clean generating facilities in the state. The state board shall establish criteria for the development of a state emission reduction credits bank, which shall ensure that a specified percentage of emission reduction credits created pursuant to section 39915 be contributed to the bank for the purpose of making emission reduction credits available for new, clean generation capacity. (Added by Stats. 2001, 1st Ex. Sess., Ch. 12, Sec. 1. Effective May 22, 2001.)

Last verified: January 24, 2026

Key Terms

reductionpollutionemissionportreleaseby julyeffective mayimplement

Related Statutes

  • § 44223 Local Vehicle Pollution Fee
  • § 44243 South Coast Air Pollution Fees
  • § 79570 Hazardous Substance Release Penalties
  • § 39607 Air Quality Data Program
  • § 39612 Nonvehicular Source Permit Fees

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Health and Safety Code. Section 39920.
View Official Source