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WASHINGTON, DC (September 10, 2014) -The Environmental Markets Association (EMA) will honor Mary Nichols, Chairman of the California Air Resources Board, with its 2014 John H. Dales Memorial Leadership in Environmental Markets Award during its 18th Annual Meeting being held at the Double Tree Suites by Hilton Hotel Santa Monica in Santa Monica, CA. Ms. Nichols is being recognized for her leadership with the California Air Resources Board in the creation and execution of the first economy wide Cap-and-Trade market for carbon. Ms. Nichols, who is also the keynote speaker for the event, will be presented with the award during the opening session of the Annual Meeting at 8:00 am on Thursday, October 23, 2014.
Past recipients of the Dales Award include Lord John Browne, Chairman of BP, Jeffrey Immelt, Chief Executive Officer of GE, Brian McLean, US EPA, Jeff Bingaman (D-NM), Richard Sandor of the Chicago Climate Exchange and William K. Reilly, former Administrator of US EPA. The award is presented to an organization and/or an individual who has made significant progress towards adapting to environmental challenges and/or influencing other companies or groups to do the same.
The recipient of the award must embody a forward-thinking approach with market-based solutions applicable to their industry. The recipient must have demonstrated extraordinary progress in integrating the costs of pollutants traded on environmental markets into both the operational and planning aspects of their organization (or influenced other organizations to do so); and the recipient must be an advocate for the importance of environmental markets as an innovative tool in government regulation.
The award is offered in memory of John H. Dales, Professor Emeritus of Economics from the University of Toronto, who first developed the concept of trade-able emission permits in his landmark 1968 work "Pollution, Property and Prices." Dr. Dales died in late 2007.
About Mary Nichols, Chairman of the California Air Resources Board
Mary Nichols currently serves as the Chairman of the California Air Resources Board, a post she has held since 2007. She also served as Chair of the Air Resources Board from 1979-1983. Nichols has devoted her entire career in public and nonprofit service to advocating for the environment and public health.
Nichols received her B.A. from Cornell University and her J.D. from Yale Law School. She was one of the first female journalists hired by The Wall Street Journal. After law school, she worked as an attorney for the Center for Law in the Public Interest in Los Angeles from 1971-1974, where she brought cases on behalf of environmental and public health organizations to enforce state and federal clean air legislation. While there, she brought the first litigation under the then-recently-passed Clean Air Act. From 1993-1997, Nichols served as Assistant Administrator of Air and Radiation for the U.S. Environmental Protection Agency under President Bill Clinton. Her efforts there led to, among many other regulatory breakthroughs, the first federal air quality standard regulating potentially deadly fine-particle pollution and the acid rain trading program. From 1997-2003, she served as the California Secretary for the Natural Resources Agency, where she was responsible for the State's activities relating to the management, preservation, and enhancement of its natural resources, and for the oversight of the state's scenic, cultural, and recreational resources. There, she set policy for 27 departments, boards, commissions and conservancies, including Forestry and Fire Protection, Water Resources, Fish and Game, and State Parks, and led efforts to gain voter approval for four successful bond acts that raised over $10 billion for land and water programs.
Nichols has also served as Executive Director of Environment Now Foundation; founder of the Los Angeles Office of Natural Resources Defense Council; Professor at UCLA Institute of Environment; and co-founder of the first environmental justice working group, a multi-ethnic forum for leaders from traditional environmental and community-based organizations to address issues of environmental equity.
Nichols was reappointed Chairman of the California Air Resources Board by Governor Jerry Brown in January 2011, a post she also held under Governor Arnold Schwarzenegger from 2007 to 2010. As Chairman of the Air Resources Board, Nichols has led the effort to implement AB 32, California's Global Warming Solutions Act of 2006, as well as overseeing a variety of other efforts to improve California's air quality. Under her leadership, ARB designed and implemented the world's most comprehensive cap and trade program as part of the strategy to implement AB 32, as well as a variety of other innovative rules and regulations to cut greenhouse gas emissions, and drive investment in cleaner, more efficient technologies that benefit California.
At ARB, Nichols was instrumental in leading California's joint effort with the U.S. Environmental Protection Agency and the Federal Department of Transportation to develop historic GHG emission and fuel economy standards for passenger vehicles. These rules will cut emissions of global warming gases by 34% and result in 75% fewer smog-forming emissions from new automobiles by 2025. They will also deliver billions in consumer cost savings. President Obama said the standards "represent the single most important step we've ever taken to reduce our dependence on foreign oil."
At ARB, Nichols has also overseen the adoption of California's diesel truck rules, which will reduce harmful diesel pm by about 7 tons per day in 2014 and 3 tons per day in 2023, and reduce NOx emissions by about 88 tons per day in 2023 delivering major public health and air quality benefits for Californians.
About The Environmental Markets Association
The Environmental Markets Association (EMA) is the leading US-based trade association focused on promoting market-based solutions as the most effective strategy to combat environmental issues. EMA represents a diverse membership including large utilities, emissions brokers and traders, exchanges, law firms, project developers, consultants, academics, NGOs and government agencies - the people making environmental markets work.
Established in 1996 and currently located in Washington, DC, EMA has been serving its membership and supporters with up-to-the-minute educational programs including a quarterly Webinar series, simulcasts of Issues Forums, high level sessions and speakers at their hosted conferences and a highly acclaimed Regional Thought Leader Round Table Series. www.emahq.org
About John H. Dales
Dr. John H. Dales developed the concept of tradable emission permits with the publication of his landmark work "Pollution, Property, & Prices" in 1968. The book remains widely-quoted and debated among academics and policy-makers. Sadly, Dr. Dales passed away in 2007.