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Company Response

9 Jan 2018

Western States Petroleum Association

Western States Petroleum Association response

Stating that WSPA opposes climate change reduction efforts in the state of California is categorically untrue.

In 2017, when California policymakers authorized the state’s post-2020 cap-and-trade program in order to meet the world’s most stringent 2030 greenhouse gas (GHG) emissions goal, all knew that achieving this target would be difficult, technologically challenging, and would require bipartisan leadership. But this updated cap-and-trade program presented the best available path forward for our industry in the toughest regulatory environment in the world. In fact, without a market-based approach like cap-and-trade in place, studies show that meeting 2030 GHG goals could have been at least four times more expensive for every California family and cost the state significantly more in jobs than control measures, which would have been imposed on manufacturing and industry in this state.