§ 906.

MARKET-BASED COMPLIANCE MECHANISMS

a.

The Department of the Environment, utilizing the expertise of relevant City Departments and Agencies, shall research and, as appropriate, recommend legislation to the Board of Supervisors, concerning whether and how to develop or utilize available market-based compliance mechanisms, such as greenhouse gas emissions exchanges, banking, credits, and other similar transactions governed by rules and protocols established by the City, CARB or other recognized governmental or non-profit entity as credit toward City greenhouse gas emission reductions.

b.

The Department of the Environment shall provide technical assistance, and coordinate City applications for, any approved market-based mechanisms that the City intends to use in furtherance of achieving the San Francisco greenhouse gas emissions limit.

History

(Added by Ord. 81-08, File No. 071294, App. 5/13/2008)

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