Info on Navajo Council legislation 0208-21: Agreement & Limited Waiver of Sovereign Immunity for carbon credits for California Cap & Trade Program carbon sequestration

LEGISLATION 0208-21
TITLE OF RESOLUTION: PROPOSED NAVAJO NATION COUNCIL RESOLUTION; AN ACTION RELATING TO THE RESOURCES AND DEVELOPMENT, BUDGET AND FINANCE, AND NAABIK’iY ATI’ COMMITTEES AND THE NAVAJO NATION COUNCIL; APPROVING A LIMITED WAIVER OF SOVEREIGN IMMUNITY OF THE NAVAJO NATION TO AUTHORIZE THE NAVAJO NATION TO REGISTER AND SELL OFFSET CREDITS FOR CARBON SEQUESTRATION UNDER THE CALIFORNIA CAP AND TRADE PROGRAM ADMINISTERED BY THE CALIFORNIA AIR RESOURCES BOARD, AND TO PROVIDE THE COURTS OF THE STATE OF CALIFORNIA SUBJECT MATTER AND EQUITABLE JURISDICTION OVER THE NAVAJO NATION FOR THE SOLE PURPOSE OF ENFORCING THE NAVAJO NATION’S OBLIGATIONS WITH RESPECT TO ITS PARTIClPATION IN THE CALIFORNIA CAP AND TRADE PROGRAM; APPROVING THE CARBON DEVELOPMENT AND MARKETING AGREEMENT AND AUTHORIZING THE NAVAJO NATION PRESIDENT TO SIGN THESAME
PURPOSE: The purpose of this legislation to approve a limited waiver of sovereign immunity of the Navajo Nation to authorize the Navajo Nation to register and sell offset credits for carbon sequestration under the California Cap and Trade Program administered by the California Air Resources Board, and to provide the courts of the State Of California subject matter and equitable jurisdiction over the Navajo Nation for the sole purpose of enforcing the Navajo Nation’s obligations with respect to its participation in the California Cap and Trade Program; approving the Carbon Development And Marketing Agreement and authorizing the Navajo Nation President to sign the same. This written summary does not address recommended amendments as may be provided by the standing committees. The Office of Legislative Counsel requests each Council Delegate to review each proposed resolution in detail.

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