western states petroleum association powerpoint

8/10/2019 Western States Petroleum Association Powerpoint

1/32

1

WSPA Priority Issues

Western States Petroleum Association // wspa.org // @wspaprez

Nov em ber 11, 2014


2/32

2

The Best Of Times

U.S. crude oil productionhas reached its highest

point since 1997, due to production from shale andother tight rockformations, whilereducing imports to theirlowest level in more than20 years.

American Petroleum Institute


3/32

3

The Worst Of Times


4/32

4

The Worst Of Times


5/32

5

The Worst Of Times

We need to gostraight at thefossil fuel industry

Bill McKibben


6/32

6

The Worst Of Times


7/32

7

The Worst Of Times


8/32

8

The Worst Of Times

The goal here isnot to win. Thegoal here is to

destroy these people, we want asmashing victory.

Tom Steyer


9/32

9


10/32

10

West Coast Climate Change Issues

California

AB 32

Cap-and-trade for stationary sources

Cap-and-trade for fuels (January 1, 2014)

Low Carbon Fuel StandardWashington

Low Carbon Fuel Standard

Cap-and-trade

Carbon tax

Oregon

Low Carbon Fuel Standard

Carbon tax


11/32

11

West Coast Climate Change Issues


12/32

12

Organized coalition activitiesCIOMA (Fed Up at the Pump)IWLA (Tank the Tax)CAHTCTANFIBCARE

California Climate Change Campaign

Engaging Business Allies


13/32

13


How Big Oil is using front groups to attack global warming regulations


14/32

14


Engaging Business AlliesTo ensure that the programcontinues to function well,and to avoid a situation inwhich allowance prices spiralupwards as we approachNovember 1, 2015, it isimperative to address anumber of outstandingdesign flaws in the program .

Market design flaws can

result and have resulted in catastrophicimplications forenvironmental marketsaround the globe .

Source: Jean-Philippe Brisson, Latham & Watkins, Outstanding Design Flaws in Californians Cap-and-TradeProgram, October 16, 2014


15/32

15


Engaging Business Allies

On December 14, 2011 the Government of Qubec adoptedthe Regulation respecting a cap-and-trade system forgreenhouse gas emission allowances. Qubec thus became thefirst Canadian partner to adopt its own regulation, placing itshoulder to shoulder with California..

57 percent of Quebecers arent even aware of the cap-and-

trade program for GHG emissions. The program will requireQuebec companies that produce or import fuels into theprovince, to buy credits in a carbon market involving Quebecand California, as of January 1, 2015 .


16/32

16

Oregon Climate Change Campaign

Engaging Consumers


17/32

17


Engaging Consumers


18/32

18


Andy Owens video

Engaging Consumers


19/32


20/32

20

Washington Climate Change Campaign

Engaging Consumers


21/32


22/32

22


Engaging Consumers


23/32

23



24/32

24


This program, unless delayedor modified, will have a majorimpact on California fuel

markets and very possibly,consumers. We believe the Statehas an obligation to Californiansto provide widely available,accurate and consistentinformation .


25/32

25


SAN DIEGO - Californiaalready has the highest gasprices in the nation, and anyfurther increase could adverselyimpact family budgets, oureconomy, and small businesses.

"Higher taxes, employermandates, and generally antibusiness legislation seems to bethe only thing that comes out ofour elected officials," said AnnKinner.

Ann Kinner is chair of thelocal chapter of the NationalFederation of IndependentBusiness.


26/32

26


From our analysis, we anticipate a76 percent likelihood of allowanceprices adding around $0.10 pergallon of gasoline in 2015 andaround $0.12 per gallon in 2020(both in 2012 dollars). Here,

allowance prices would be near theAuction Reserve Price (ARP). Thiswould cause net job losses inCalifornia of 18,050 jobs in 2015and a net reduction in economic

output of $2.940 billion ashouseholds across the state cutback their spending to affordhigher priced gas .


27/32

27

Washington Climate Change Campaign

Engaging Politically


28/32

28




29/32

29




30/32

30




31/32

31


32/32

western states petroleum association powerpoint

Documents