There are many questions surrounding potential legal issues that would prevent smooth sailing for the implementation of California’s cap-and-trade program. Litigation from industry groups, compliance businesses and environmental groups and the recent ruling on the state’s Low Carbon Fuel Standard (LCFS) are all being closely watched as potential upsets for the program. In this session, legal experts and analysts will lead a discussion on the status of current legal issues and expectations on how they may affect the cap-and-trade program.
Jonas Monast is Director of the Climate and Energy Program at the Nicholas Institute. Monast’s work focuses on the interaction of energy policies at various levels of government, regulatory options for reducing greenhouse gas emissions, the intersection of financial markets and climate policy, and outreach to policymakers and stakeholders. He served as an advisor to the Western Climate Initiative’s Market Oversight Task Group and coordinated the Nicholas Institute’s Carbon Market Initiative. Prior to joining Duke, Monast worked as an attorney in the Corporate Social Responsibility Practice at Foley Hoag LLP where he advised clients on emerging legal and reputational risks regarding social, environmental, and ethical issues. Monast also served as a congressional fellow for the late Senator Paul Wellstone and as legislative counsel for the Center for Responsible Lending. He earned his law degree from Georgetown University and his bachelor's degree from Appalachian State University.