Survey Results: Total Participants: 51
Question 1:
To meet its GHG obligations California may adopt a command and control program or a cap and trade program. Under a command a control program the state will mandate exactly who has to reduce emissions and how the reductions are to be acheived. Under a cap and trade program GHG sources will likely be provided an allocation, and a reduction schedule. Both types of programs will include reporting, monitoring, and enforcement provisions. Both can be designed to accomplish the GHG objective. What type of program should be implemented in California?
Command and Control:
8 %
Cap and Trade :
92 %
Question 2:
How would you rate the importance of GHG emissions management issues as they pertain to your company?
Low:
8 %
Moderate:
39 %
High:
43 %
Critical:
10 %
Question 3
Are your California operations likely to be impacted by California’s new global warming act?
Yes:
69 %
No:
8 %
Don't Know:
24 %
Industry Type Breakdown:
Agriculture
1.96 %
Attorney
3.92 %
Aviation
1.96 %
Cement Production
1.96 %
Consulting
21.57 %
Glass Manufacturer
1.96 %
Manufacturing
1.96 %
Metal Manufacturing
5.88 %
Mobile Sources - Diesel
7.84 %
Mobile Sources - Motor Gasoline
3.92 %
Oil and Gas Extraction
3.92 %
Oil Refining
1.96 %
Other
5.88 %
Other Manufacturing
13.73 %
Power Generation
15.69 %
Retail
1.96 %
Trader/Investor
3.92 %
Question 4:
If so, how do your 1990 California emissions compare to your current GHG emissions?
1990 GHG Emissions:
18,150,100.00
Today’s Emissions:
17,150,200.00
Not Sure:
94 %
(Total tons of each survey particiapnt per year CO2equivalent)
Question 5:
If there is a GHG market do you believe that your company will:
Buy Reductions:
41 %
Sell Reductions:
25 %
Reduce on-site emissions:
39 %
Shutdown:
2 %
Move Operations out of state:
10 %
Other:
2 %
Question 6:
In your best estimate, what do you think the value ($/ton) of GHG allowances that are useable to satisfy California’s prospective requirements:
Year
$ per discrete ton
2006
$18.43
2008
$23.05
2010
$25.10
2012
$27.19
2014
$28.95
2016
$31.05
2018
$35.05
2020
$40.81
DISCLAIMER: Cantor Fitzgerald, Cantor Fitzgerald Brokerage, LP, and related companies (CF) have made reasonable efforts to ensure the accuracy of the survey data and information gathered through this survey. However, the data and information in reports and other documents are being provided on this web site as received by CF. CF is not responsible for accuracy, completeness or fitness for a particular purpose. Thus CF does not accept any responsibility or liability in regard of the reliance on, or use of, such data and information.