How would daily emission caps at Morro Bay affect market value/bids for the plant?
• As indicated above, post-divestiture emissions from the Morro Bay Power Plant will remain consistent with the districts air quality plan. Consequently, the District need not revise its plan to account for any effects of divestiture of the Morro Bay Power Plant. Under existing California law, the district must update its air quality plan every three years to account for any changes in air quality and emissions trends. • PG&E does not expect the proposed daily emissions caps to affect the market value of the plant.