Danny Cullenward Profile picture
Forensic climate economist and lawyer // also on https://t.co/ooGneedQng // views my own
Oct 26, 2022 9 tweets 3 min read
Oh hey look it's another senior policymaker from the California Air Resources Board who jumped careers to work for a lobbying firm with oil industry clients.

h/t @debra_kahn in Politico. politico.com/newsletters/th… Richard Corey was CARB's executive officer from 2013-2022. He was responsible for implementing the 2017 oil-industry-drafted cap-and-trade bill, AB 398. He's now the partner in charge of AJW's Carbon Markets practice. ajw-inc.com/carbon-markets/
Apr 23, 2021 21 tweets 5 min read
Governor Newsom is generating headlines for announcing an end to oil production in California, but as far as I can tell today's news only sets up a process rather than achieves any concrete outcomes.

A thread 👇
latimes.com/california/sto… Here's the Governor's announcement.

It specifies two concrete actions.

gov.ca.gov/2021/04/23/gov…
Oct 19, 2020 23 tweets 10 min read
1/ Book announcement!

Making Climate Policy Work
(with David G. Victor)

🇪🇺🇬🇧EU/UK release Oct 2020, 🇺🇸US Dec 2020
@politybooks, discount code VBT99 politybooks.com/bookdetail/?is… 2/ The book pulls together big ideas in a short, accessible package. David and I look at the global experience with carbon pricing — particularly carbon markets — and ask what’s gone wrong. We set out to explain why carbon pricing hasn’t been working, then offer solutions.
Sep 24, 2020 22 tweets 6 min read
Thanks to @jtemple for including me in his story on the big news from Governor Newsom's new executive order, which sets a goal of 100% zero emission new car and truck sales by 2035.

I'll do a deeper dive on the legal situation below. First thing to say is what an executive order (EO) is.

Generally, an EO can't create law. It can only direct policy outcomes that the law already allows.

EOs also set political goals around which laws more readily form. Most of California's major climate laws started as EOs.
Aug 4, 2020 4 tweets 1 min read
I have begrudgingly come around to the same view as @drvox, at least in the U.S.

My biggest surprise? The *exact same* political games that undermine public policy implementation are happening in the private sector, too. I'm cautiously optimistic that at least some companies will set a high bar and demand better outcomes than we see in the public sector.

(Other firms are looking to greenwash instead, as are some governments that fail to follow through on bold climate announcements.)
Jul 10, 2020 5 tweets 1 min read
This is a key point.

Opt-outs looked legally unnecessary in FERC orders after the SCOTUS opinion in FERC v. EPSA, and now with today's DC Cir decision in NARUC v. FERC there's a path open for FERC to close opt-outs in future rules concerning ISO/RTO access. For FERC rules addressing something broader than ISO/RTO market access, however, there's not a lot to point to in today's decision. I expect to see a lot of debate over the implications in the months ahead.
Jun 26, 2020 18 tweets 4 min read
Just finished a meeting of the Independent Emission Market Advisory Committee (IEMAC) @CaliforniaEPA. 1/18

calepa.ca.gov/climate/iemac-… Thanks to my fellow IEMAC members, Chair @DallasBurtraw, Vice Chair Ann Carlson, Meredith Fowlie, Ross Brown, and our newest member, @TheKropke, for a great conversation. (Welcome, Jennifer!) 2/18
Jun 10, 2020 20 tweets 5 min read
I've been on the fence about the climate divestment movement for several years, but this @newrepublic story about @Stanford from @BenFranta clarified the stakes for me. 1/20 newrepublic.com/article/158086… Over the years, many of my best students have been leaders in the divestment movement. I've focused, instead, on the design and implementation of government climate policies. But those two worlds are crashing together. 2/20
Jun 2, 2020 10 tweets 4 min read
This is a great point, @MichaelWWara. I think we're mostly on the same page here. Your main disagreement lies not with me but with @AirResources, which designated cap-and-trade as responsible for half of California's 2030 climate policy. There's no way this market is going to do that. Image
May 30, 2020 28 tweets 10 min read
1. Check out my latest on California's cap-and-trade program: 2. At the quarterly auction last week, the state collected only $25M instead of the usual $600-800M. Why? lao.ca.gov/LAOEconTax/Art…